Wall Street is on track for its strongest investment banking performance since the pandemic, driven by a notable rise in fee income among the largest US banks. Analysts and market data suggest
India’s markets regulator has accused Bank of America’s local investment bank unit of breaching insider trading rules and internal confidentiality protocols in connection with a 2024 stock sale, underscoring compliance risks for
The Bank of England’s custody of Venezuelan gold reserves has resurfaced as a contentious financial issue, highlighting the complex intersection of sovereign assets, diplomatic recognition and global financial markets. London holds roughly
Nigeria’s largest payments technology company, Flutterwave, has completed the acquisition of open banking startup Mono in an all-stock transaction valued at between $25 million and $40 million, marking one of the rare
Global investors are warning that 2026 could bring a significant inflationary challenge driven largely by sustained and heavy investment in artificial intelligence infrastructure and technology, a risk they say remains underappreciated in
Russia’s central bank has filed a lawsuit seeking about $230 billion in damages from Belgium-based financial services firm Euroclear, intensifying a high-stakes legal and financial confrontation rooted in the freezing of Russian
Spanish banking group BBVA and artificial intelligence developer OpenAI have formalised a strategic alliance aimed at embedding generative AI deeply into financial services, signalling a new phase in how technology is reshaping
UK banks are preparing to offer more personalised guidance on how customers might allocate their savings and investment funds, a shift that reflects evolving financial services strategies aimed at strengthening client engagement
The European Central Bank is preparing to propose a significant simplification of capital-buffer regulation for banks – not by reducing requirements, but by streamlining the number and complexity of buffers currently in
Klarna has extended its partnership with Apple Pay into two of Europe’s largest consumer markets – France and Italy – enabling users to pay via monthly instalments directly through Apple Pay’s checkout
