Protesters are urging chancellor Rachel Reeves to place a windfall tax on banks’ profits in the upcoming Autumn Budget, after ...

He said that lower interest rates on Italian debt will reduce the cost of capital for banks, which would be a “win-win” for ...

The group has also urged ministers to strengthen the Bank of England’s oversight powers, potentially by updating its ...

HSBC said it would reduce global staff costs by 8 per cent, with senior managers and those in the newly merged wholesale ...

Artificial intelligence’s disruptive impact on the broader software industry is a key credit risk for private credit ...

In conversation with The Banker at a recent FT Live event, he said: “There are estimates that 20 per cent of all jobs will be ...

Tom Hayes, the first banker jailed over the Libor interest rate scandal, has launched a $400mn lawsuit against his former employer UBS, claiming he was a “handpicked scapegoat” used by the Swiss bank ...

FinCEN now confirms that the presence of transactions close to the threshold is not, in itself, sufficient to warrant a SAR.

Asia is leaning into the stablecoin race, but don’t expect a co-ordinated sprint. From Singapore to Seoul, regulators are ...

Barclays withdrew from Saudi Arabia in 2014 under then-chief executive Antony Jenkins. Its return mirrors similar moves by ...

HSBC shares fell sharply in early Monday trading after the bank said it would book a $1.1bn provision in its third-quarter ...