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
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
