Barclays’ investment bank saw a 6 per cent income rise to £2.9bn, driven by equities trading and renewed M&A activity.

Despite these challenges, strategic investments in corporate culture at banks are still a low priority. Culture initiatives are largely sidelined to the HR function, with employee surveys targeting ...

According to a 2023 survey by the Payment & Clearing Association of China, the penetration rate of QR code payments in China is 92.7 per cent. With many merchants refusing to take cash, overseas ...

A final rule issued by the US Consumer Financial Protection Bureau this week to progress open banking is facing strong resistance from major banking associations, which warn it could undermine the ...

Senior bankers are growing increasingly frustrated at governments’ expectations that private sector finance should drive the transition. From left: Sonja Gibbs, IIF; Hisham Ezz Al-Arab, CEO, ...

Senior banking figures have urged regulators to resist increasing liquidity resilience requirements and additional controls related to uninsured deposits following last year’s US banking crisis, with ...

Goldman Sachs is expected to face a fine in the tens of millions of dollars from the US Consumer Financial Protection Bureau over its credit card business, according to a report by the Wall Street ...

Consider the mobile apps offered by banks. Many now use deep learning facial recognition software to perform anti-money-laundering and know-your-customers checks on new customers. Yet, beyond the ...

The investment case for banks and other private lenders to invest in emerging markets is stronger than commonly perceived, according to the World Bank’s International Finance Corporation, citing data ...

In 2011, once the dust had settled, the Financial Stability Board drew up a list of what they identified were global systemically important banks. Fast forward to 2024 and the list of G-SIBs is still ...

Join Barbara Pianese as she speaks to Kate Pender, chief executive of Fair4All Finance, about recent developments regarding financial inclusion in the UK.

“Banks based in the UK pay a significantly higher rate of tax than those in New York and, because contributions to the EU’s Single Resolution Fund have now been suspended, they are expected to pay ...