The Basel Committee on Banking Supervision’s “voluntary” framework for disclosing financial-related climate risks on banks’ balance sheets is a “serious step backwards” and a likely concession to the ...

The Swiss authorities said they would allow UBS to reduce its AT1 bond holdings by around $8bn, leaving it with an $18bn net ...

Citi rolled out the platform in Norway and Denmark and extended it to its operations in Ukraine earlier this year, and Sweden ...

This week, the world gathers for the UN Ocean Conference in Nice, France, and its precursor the Blue Economy Finance Forum in ...

Barclays is preparing to cut more than 200 jobs in its investment banking business in the coming days, according to a ...

The Swiss government on Friday announced plans to tighten capital requirements for UBS, proposing that the bank hold up to $26bn in additional core capital following its state-backed rescue of Credit ...

Austria’s central bank is installing up to 120 ATMs in “cashless” rural areas as EU lawmakers continue to delay legislation securing the status of physical money, while other countries, including the ...

Eimear O’Brien, a partner at the law firm, said the latest revisions were introduced following the European Commission’s review of the current directive, “which found that it had not kept pace with ...

French bank BPCE has acquired a majority stake in Portugal’s Novo Banco in a deal that values the lender at €6.4bn. BPCE purchased the 75 per cent stake from US investor Lone Star, which helped revive ...

The EU is set to impose sanctions on two Chinese banks accused of facilitating prohibited trade with Russia, representing the first time Brussels has targeted a third-country lender for supporting ...

A term used in astrophysics and now AI, singularity should help guide regulators as they tackle information gaps ...

Hong Kong enters the stablecoin space as the sector shows sustained growth. The global market capitalisation of stablecoins hit $238bn in April 2025, according to CoinDesk Data, after 19 consecutive ...