MUFG aims for top 10 bank status by market value Italy sells 15% stake in MPS for €1.1bn US regulators warn of money-laundering crackdown Nubank reports soaring net income Japan’s Mitsubishi UFJ ...

Cross-border payments may carry “heightened legal risks” when compared to domestic payments, the CPMI report notes, pointing at differing laws and regulations across jurisdictions as a potential ...

In September Sanoma Corporation, the Finnish learning and media company, became the first corporate to issue and list a ...

Close Brothers has paused all motor finance lending, while Lloyds Banking Group, which owns the UK’s largest car finance ...

China’s banks have been told to reduce the interbank deposit rate, as part of the latest round of stimulus measures ...

A Trump-Vance administration, under a new secretary, would likely return to an activities-based analysis, looking for market ...

Krupa, formerly the manager of the bank’s US business, took over the reins of the bank last year, with a view to restoring ...

Project mBridge is a blockchain-based payments ledger, which is designed to support real-time, cross-border payments and ...

US banks and private equity firms are gearing up for potential deregulation as Donald Trump returns for a second term as US ...

UK challenger Metro Bank has been fined £16.7mn by the Financial Conduct Authority for failing to address flaws in its automated anti-money laundering system installed in 2016. The FCA said that ...

Overall stricter IRRBB requirements in the EU are putting European banks in a better position to withstand interest rate risks than their US peers, according to experts. Some believe banks will be ...

What is fortunate for Lazard’s 2030 strategy is that analysts expect its operating performance to improve in 2024 and 2025 after a challenging 2023 for the advisory division.