HSBC’s decision to exit the Net-Zero Banking Alliance is “hugely disappointing” say shareholders and sustainability experts, ...

“Significant risks persist — including from tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices,” Jamie Dimon said in a statement on ...

Infrastructure dealmakers say UK regulations are more supportive of cross-border mergers and acquisitions than US rules, as ...

Lobbyists have called the UK’s deregulatory agenda “insidious”, believing that the Labour government’s continued push to remove financial red tape is “damaging” consumers.

An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...

Standard Chartered Luxembourg is preparing to file for an EU Markets in Crypto-Assets Regulation licence as early as this week as it moves to scale its institutional digital asset custody services, ...

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 ...

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 ...

Monzo became the latest UK bank to be fined after the FCA hit the firm with a £21mn penalty for financial control failures, following a string of fines against challenger banks over similar failures.

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 ...

Greater scrutiny of hedge funds and other non-bank lenders is a “matter of emergency”, a financial regulation expert has warned the UK parliament, with the world’s financial stability watchdog urging ...

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 ...