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 ...

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

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 ...

Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, is in negotiations to acquire an additional £78mn stake in Revolut, Sky News has reported. The move would build on Mubadala’s existing ...

Banks have been told to treat UK public figures as low-risk by default, under new guidance from the Financial Conduct Authority sparked by the Nigel Farage “debanking” controversy.

Sustainable finance experts and faith-based investors have expressed concern over a proposed overhaul of ESG regulations and investment exclusions to unlock more financing for defence, warning that ...

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 state-owned lenders accounting for just over half of the country’s banking assets, Francis Malige, head of financial institutions at the EBRD — the largest institutional investor in Ukraine — ...

In a statement, Revolut said it is “continuing to work closely with UK regulators” and aims to meet the requirements necessary to exit its restricted “mobilisation” phase and operate as a full-service ...

The UK’s Basel III framework needs to be “rethought” because it is holding banks back and moving lending to the shadow ...