Markets reacted positively to the announcement. S&P 500 futures rose 2.8 per cent and the US dollar gained 0.7 per cent against a basket of major currencies, while China’s yuan strengthened to a ...

Now, a new wave of innovations underpinned by data — from alternative credit scoring to cash flow and transactional data-based lending — are starting to disrupt the industry and remove many of the ...

The problem for Goldman is that this is not the first time senior staff at the bank have been used as bait for scams. A ...

The European Commission is under pressure to delay the implementation of new market risk capital rules in line with the US ...

Credit Suisse has agreed to pay $511mn and plead guilty to helping American taxpayers hide more than $4bn from authorities ...

The Federal Reserve, the New York Fed, the Office of the Comptroller of the Currency and the Federal Deposit Insurance ...

Last week, RBC, Canada’s largest lender, announced that it would abandon its C$500bn ($360bn) sustainable finance target, ...

US trade tariffs will likely open up opportunities for banks supporting companies relocating manufacturing to India, while ...

Italy’s minister of economy and finance Giancarlo Giorgetti argued that it may be time to rethink globalisation through the ...

UK banks want the government to publicly defend their financing of defence companies, saying they have faced a wave of ...

Armenia’s finance minister has ruled out any further debt raising until at least 2027, citing a significantly higher yield on ...

According to a memo from senior management at BNY, the bank wants its 51,000 employees to work from the office four days a ...