South Korea’s financial authorities have activated an emergency response to the Middle East conflict, planning a cross-agency ...

Banks face “heightened financial crime and compliance risk” with sanctions screening and vessel “due diligence” tipped to become more “resource intensive” for lenders following US and Israeli strikes ...

International banks operating in the Middle East have told their staff to work remotely until further notice. At least six major lenders — Goldman Sachs, JPMorgan, Houlihan Lokey, UBS, Deutsche Bank ...

This is not a forecast of inevitable crisis. It is an acknowledgment of altered conditions. Financial crime risk is increasingly shaped by geopolitical movement rather than by regulatory cadence alone ...

In a response to a Treasury consultation reported by Bloomberg, trade body UK Finance, whose members include HSBC, Bank of America and Goldman Sachs, said excluding the bills from the denominator of ...

The continued sell-off comes as oil prices rise sharply and concerns mount about potential supply disruptions in the Middle East, after Iran’s supreme leader Ayatollah Ali Khamenei was killed on ...

The UK’s Financial Conduct Authority has declared its policymaking on non-financial misconduct complete, shifting ...

The latest World Bank, European Commission and Ukrainian government estimates suggest the cost of reconstruction and recovery ...

The outages came after Amazon Web Services said its cloud services had been disrupted on Monday after unidentified objects struck a UAE data centre, causing a fire, Reuters reported. AWS said it was ...

Barclays began blocking transactions linked to Market Financial Solutions months before the UK mortgage provider collapsed last week amid allegations of fraud, according to an FT report.

Bank shares plunged on Monday morning as military strikes on Iran and concerns over oil supplies jolted global markets. Barclays dropped 5.3 per cent, HSBC was down 3.8 per cent and Standard Chartered ...

“An eight-month custodial sentence is a serious outcome in contempt proceedings, which are often punished by a fine. It ...