The City watchdog said today that the UK bank had “shockingly lax” financial sanction screening controls, and did not comply with an agreement it had made with the FCA not to open new accounts for ...

Meta’s move follows a pilot with NatWest and Metro Bank, which the company claims helped it close 20,000 accounts after banks shared links of malicious websites where fraudulent transactions took ...

Despite the introduction of new caps on banks’ maximum reimbursement to fraud victims, the study, which compiled data from 28,000 customers from 15 countries between 2021 and 2023, found that UK ...

European Central Bank president Christine Lagarde has said that cross-border bank mergers in Europe are “desirable” to strengthen competition against US and Chinese rivals. Her remarks come as Italy’s ...

The US has also increased the diversification of its development strategy in recent years in a bid to counter Chinese ...

Attijariwafa remains in sixth place overall thanks to a 15.6 per cent growth in Tier 1 capital © The picture painted by The Banker’s Top 100 African Banks for 2024 is broadly similar to that from ...

Kotak Mahindra Bank holds on to the best-performing title, while HDFC pushes State Bank of India down one place to second in ...

HFSF, which holds an 18.4 per cent stake in NBG, will transfer the remaining shares to Greece’s sovereign wealth fund. The offer price for NBG shares has been set between €7.30 and €7.95, with the ...

The FCA’s new regulations will not be sufficient to prevent further bank branch closures, said Andrew Martin, chief executive ...

As more fintechs enter the market and expand available services, the regulator is stepping up to ensure stability ...

A: The inclusion of new members helps broaden AIIB’s reach in regions where it can make a tangible difference to ...

UK market participants will be expected to comply with a “post-trade code of conduct” for T+1 settlement, the chair of the UK’s T+1 Technical Group said on Friday, in an effort to “strike the balance ...