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

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

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 ...

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 ...

HSBC’s decision to exit the Net-Zero Banking Alliance is “hugely disappointing” say shareholders and sustainability experts, ...

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 ...

A US federal banking regulator has launched a review of a contested licensing regime that enables nonfinancial companies to establish their own banks, a move that experts believe may lead to an uptick ...

It is time to take the boot off and regulate for growth, not risk. That was chancellor Rachel Reeves’ core message in her Mansion House speech last night, where she unveiled the biggest financial ...

Standard Chartered Luxembourg is preparing to file for an EU Markets in Crypto-Assets Regulation licence as early as this week as it moves to scale its institutional digital asset custody services, ...

The rising tide of stablecoins, underpinned by the pro-crypto leanings of the second Donald Trump administration, has in the past 12 months become too great for banks to ignore.

The bulk of the fine relates to Barclays’ dealings with gold bullion firm Stunt & Co, a customer of Fowler Oldfield, which was at the centre of a major money laundering investigation following raids ...

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 ...