The average NPL ratio of the Philippines’ digital banks stood at 8.5 per cent in September last year, according to a note by credit agency Fitch Ratings. This is higher than the banking system’s ...

UK Chancellor Rachel Reeves and Bank of England governor Andrew Bailey have urged the UK to reforge trade links with the EU, wary of potential fallout from US President-elect Donald Trump’s proposed ...

The Financial Conduct Authority is finding it “challenging” to pull together a cost-benefit analysis of its controversial proposals to ‘name and shame’ firms under investigation, amid pressure to ...

Standards agreed in at this year's UN climate conference are expected to attract more bank and corporate participation in carbon markets, which have suffered trust and integrity issues ...

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 ...

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 ...

The decision to greenlight carbon market standards without major scrutiny on day one of this year's UN climate conference has been heralded as a win for carbon credits, but questions still need answer ...

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

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 ...

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.

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

Pablo Hernández de Cos will serve as general manager for the Bank for International Settlements until 2030. © Ting ...