Argentina’s central bank has sharply increased reserve requirements for lenders, lifting the benchmark ratio by 3.5 percentage points to about 45%, in a move designed to steady financial markets unsettled by corruption
Credit Suisse surprised analysts with a stronger-than-expected profit performance, signalling resilience amid ongoing market volatility. The Swiss banking giant reported gains that outpaced guidance, reflecting effective cost management, strategic investment decisions, and
At the 2025 Jackson Hole Economic Symposium, Bank of England Governor Andrew Bailey placed the spotlight on the UK’s labour market as a defining challenge for long-term growth. He warned that a
The U.S. banking sector is facing a pivotal moment as Federal Reserve Vice Chair for Supervision Michelle Bowman urged institutions to move beyond their “overly cautious mindset” and fully engage with financial
Mediobanca has received approval from the European Central Bank to acquire private bank Banca Generali – a regulatory milestone that strengthens its hand ahead of a crucial shareholder vote on the deal.
Banks are beginning to deploy agentic process automation – AI-powered systems that autonomously manage complex, multistep workflows as they move beyond traditional, rules-based robotic process automation toward more intelligent, decision-making automation. Unlike
Citigroup is exploring custody and payment services for stablecoins and crypto asset ETFs, signalling a decisive step towards deeper engagement with tokenised finance. The move follows the passage of new U.S. legislation
Bitcoin has climbed to a record high of around $124,002, propelled by mounting expectations of imminent Federal Reserve rate cuts and an increasingly favourable regulatory climate. The shift in policy signals, from
The Bank of Japan is coming under intensifying pressure from policymakers, advisers, and even some of its own board members to scrap its reliance on an “underlying inflation” measure that many see
Australia’s four largest banks have wasted no time in passing on the Reserve Bank’s latest rate cut, offering some much-needed relief to mortgage holders amid persistent cost-of-living pressures. Following the central bank’s
