According to a Bloomberg New Energy Finance report, the VCM is anticipated to achieve a valuation of more than $1.1tn annually by 2050, unlocking financing to support climate change mitigation. Much ...

Beijing has strongly condemned an EU decision to sanction two Chinese banks, calling on Brussels to “immediately cease its wrong practice” while pledging a response aimed at defending the interests of ...

According to figures from the Financial Conduct Authority’s website, which have yet to be updated to include last week’s £42mn penalty against Barclays, UK banks have been fined £251.4mn since the ...

A UK financial watchdog chief has warned that the increased involvement of overseas hedge funds in the UK bond market poses a major threat to the country’s financial system, with their increased ...

Chenyue Mao, a US citizen and managing director at Wells Fargo in Atlanta, was placed under the exit ban after entering China ...

As the shift from image to intention continues to gather momentum, there are endless possibilities for banks and financial institutions to support cardholders to embrace what matters most: building ...

The head of JPMorgan’s British retail banking arm stopped short of confirming whether the bank would reach profitability this ...

In the globalised world we live in, cross-border payments are an everyday necessity, helping businesses diversify their revenue streams, ensuring families can send remittances home, and boosting ...

A US federal banking regulator has launched a review of a contested licensing regime that enables nonfinancial companies to ...

Goldman Sachs, Morgan Stanley and Bank of America all beat analyst expectations on Wednesday, their second-quarter results boosted by strong trading revenues linked to heightened volatility created by ...

The World Bank’s Global Findex 2025 report found that the global account ownership rate stood at 79 per cent in 2024, compared with 51 per cent in 2011 and 74 per cent in 2021. In prepared remarks ...

The rising tide of stablecoins, underpinned by the pro-crypto leanings of the second Donald Trump administration, has in the ...