HSBC’s decision to exit the Net-Zero Banking Alliance is “hugely disappointing” say shareholders and sustainability experts, who called on other banks to reaffirm their commitment to the climate ...

An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...

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, ...

Monzo’s customer base has grown rapidly since it received full banking permissions in April 2017, increasing from 600,000 in 2018 to over 5.8mn in 2022. But the bank’s financial crime controls failed ...

Monzo has become the latest UK challenger bank to be fined by the Financial Conduct Authority for “inadequate” financial ...

UBS must face two investor lawsuits in the US over alleged misconduct by Credit Suisse prior to its collapse in March 2023, a ...

Greater scrutiny of hedge funds and other non-bank lenders is a “matter of emergency”, a financial regulation expert has warned the UK parliament, with the world’s financial stability watchdog urging ...

Lobbyists have called the UK’s deregulatory agenda “insidious”, believing that the Labour government’s continued push to remove financial red tape is “damaging” consumers.

Sustainable finance experts and faith-based investors have expressed concern over a proposed overhaul of ESG regulations and investment exclusions to unlock more financing for defence, warning that ...

With merger and acquisition activity in the mid-tier banking market totalling more than £150bn over the past two years, the attention of larger lenders is likely to turn to smaller specialist lenders ...

Ukraine’s central bank governor Andriy Pyshnyi has urged international investors to not “be afraid to invest” in the war-torn country on the opening day of the annual Ukraine Recovery Conference in ...

The Bank of Thailand hopes its award of three “virtual” banking licences last month to established domestic players — which have partnered with established retailers and fintechs — will see the ...