The Federal Reserve has proposed changes to how it evaluates major US banks under its large financial institution rating framework, aiming to make it easier for them to qualify as “well managed” and ...

Ukraine’s central bank governor Andriy Pyshnyi has urged international investors to not “be afraid to invest” in the war-torn country on the opening day of the annual Ukraine Recovery Conference in ...

Infrastructure dealmakers say UK regulations are more supportive of cross-border mergers and acquisitions than US rules, as the British government looks to spend £725bn on infrastructure in the coming ...

Monzo’s customer base has grown rapidly since it received full banking permissions in April 2017, increasing from 600,000 in 2018 to over 5.8mn in 2022. But the bank’s financial crime controls failed ...

UK banks were hit hardest by a sharp rise in regulatory enforcement over the past year, as fines issued by the Financial Conduct Authority rose by more than 400 per cent. The FCA ...

UK peers have highlighted blind spots in non-bank finance oversight © Shutterstock Greater scrutiny of hedge funds and other non-bank lenders is a “matter of emergency”, a financial regulation expert ...

Lobbyists have called the UK’s deregulatory agenda “insidious”, believing that the Labour government’s continued push to ...

The Bank of Thailand hopes its award of three “virtual” banking licences last month to established domestic players — which have partnered with established retailers and fintechs — will see the ...

In April, the London-based fintech reported that pre-tax profits more than doubled in 2024 to £1.1bn, driven in part by an increase in cryptocurrency trading. Meanwhile, annual revenues increased to ...

Monzo has become the latest UK challenger bank to be fined by the Financial Conduct Authority for “inadequate” financial ...

UBS must face two investor lawsuits in the US over alleged misconduct by Credit Suisse prior to its collapse in March 2023, a ...

With merger and acquisition activity in the mid-tier banking market totalling more than £150bn over the past two years, the attention of larger lenders is likely to turn to smaller specialist lenders ...