The U.S. banking sector is undergoing a significant regulatory pivot as the Trump administration directs agencies to remove “reputation risk” from their supervisory criteria. Traditionally used to assess whether a bank’s association
UBS made headlines by withdrawing from the Net-Zero Banking Alliance (NZBA), a group formed in 2021 to help financial institutions align their operations with global climate goals. The Swiss bank cited the
The British pound has shown signs of strength in the lead-up to the Bank of England’s (BoE) upcoming policy meeting, reaching its highest level since late July 2025. Investors are closely watching
Metro Bank, a key player in the UK banking landscape, has demonstrated impressive growth in its financial performance for the first half of 2025. Reporting an underlying pre-tax profit of £45.1 million,
Nigeria’s banking sector faces an escalating threat from cyber fraud, which is severely undermining public trust and the integrity of financial institutions. In 2023, the Nigeria Inter-Bank Settlement System (NIBSS) reported losses
UBS has agreed to pay $300 million to resolve its involvement in the mis-selling of mortgage-backed securities by Credit Suisse, settling ongoing litigation in the United States. This settlement addresses the final
Euronext has made an all-share offer to acquire Hellenic Exchanges – Athens Stock Exchange (ATHEX) for €412.8 million ($472.7 million). The deal, announced on July 31, 2025, involves a share exchange where
In its latest policy decision on July 30, 2025, the Bank of Canada (BoC) opted to keep its key policy interest rate at 2.75%, marking the third consecutive meeting in which it
The European Central Bank (ECB) has announced that, starting in the second half of 2026, it will factor climate-related risks into its lending practices. The new policy will introduce a “climate factor”
Barclays has posted an impressive 23% increase in its first-half profit for 2025, bringing the total to £5.2 billion ($6.94 billion). This significant jump has exceeded analysts’ expectations, underlining the bank’s solid
