A draft version of the government’s banking reform bill, due to be published on June 6, is expected to require UBS to fully match the capital held by its foreign subsidiaries with equivalent capital ...

Donald Trump’s executive order in February calling for a plan to establish a US sovereign wealth fund was short on details ...

UK banks want the government to publicly defend their financing of defence companies, saying they have faced a wave of ...

Italy is standing by the conditions it set for UniCredit’s €14bn takeover bid for Banco BPM, as the government prepares to ...

The problem for Goldman is that this is not the first time senior staff at the bank have been used as bait for scams. A ...

In 2022 BNP Paribas set an ambition in its current growth, technology and sustainability plan for 1,000 AI use cases to be in production, and to generate €500mn in AI value, by the end of 2025. BNP ...

The IFC — the World Bank’s private-sector lending arm — said a report from coalition group Stop Financing Factory Farming is ...

Credit Suisse has agreed to pay $511mn and plead guilty to helping American taxpayers hide more than $4bn from authorities ...

Armenia’s finance minister has ruled out any further debt raising until at least 2027, citing a significantly higher yield on ...

US trade tariffs will likely open up opportunities for banks supporting companies relocating manufacturing to India, while ...

Nearly 20 per cent of all UK consumers and businesses are now using open banking, up from almost 6 per cent in March 2021, with consumer adoption reaching almost the same level as that of small ...

The Federal Reserve, the New York Fed, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation — the US regulators on the Basel committee — are calling for the Task ...