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ESG is not the only term being challenged. “Green” has also drawn criticism, with banks like HSBC accused of greenwashing for ...
Corporate loan demand across the Eurozone increased in the second quarter according to the European Central Bank’s latest quarterly survey of 155 major lenders. “Loan demand was supported by declining ...
Prudential regulation should focus on mitigating risks, regardless of the underlying technology. However, the proposed BCBS Cryptoasset Standard imposes punitive capital requirements on many types of ...
It is time to take the boot off and regulate for growth, not risk. That was chancellor Rachel Reeves’ core message in her ...
According to figures from the Financial Conduct Authority’s website, which have yet to be updated to include last week’s £42mn penalty against Barclays, UK banks have been fined £251.4mn since the ...
Beijing has strongly condemned an EU decision to sanction two Chinese banks, calling on Brussels to “immediately cease its wrong practice” while pledging a response aimed at defending the interests of ...
Chenyue Mao, a US citizen and managing director at Wells Fargo in Atlanta, was placed under the exit ban after entering China ...
The rising tide of stablecoins, underpinned by the pro-crypto leanings of the second Donald Trump administration, has in the ...
According to a Bloomberg New Energy Finance report, the VCM is anticipated to achieve a valuation of more than $1.1tn annually by 2050, unlocking financing to support climate change mitigation. Much ...
The head of JPMorgan’s British retail banking arm stopped short of confirming whether the bank would reach profitability this ...
A US federal banking regulator has launched a review of a contested licensing regime that enables nonfinancial companies to ...
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.