UK banks are preparing for the judgment on whether car dealers had an ethical and legal obligation to act in consumers’ best interests ...
The European Commission could restrict US financial services firms’ activities in retaliation for Trump’s tariffs ...
US bank shares tumble as Trump tariffs reignite recession fears. Shares in major US banks dropped sharply on Thursday as investors reacted to President Donald Trump’s new tariff ...
Former Net-Zero Banking Alliance chair says the initiative still has a global role to play in dealing with climate risk and new clean energy technology ...
Republican lawmakers argue regulators had previously pushed banks to cut ties with the crypto industry because of reputational risk ...
Trump said a 10 per cent base tariff would apply to most goods imported to the US beginning on April 5, with further “reciprocal” measures targeting dozens of countries, including China (54 per cent), ...
In an effort to attract more banks from China and India and prevent further exits, the Net-Zero Banking Alliance will abandon a requirement for banks to align their lending portfolios with 1.5C.
In a recent interview, Treasury secretary Scott Bessent called the rule a “surcharge” on US banks for buying Treasury bills. He said yields would fall by 30 to 70 basis points if the SLR was abolished ...
US community advocates have voiced concerns over last week’s decision by US banking regulators to backtrack from a long-scheduled update to the Community Reinvestment Act, warning that the rollback ...
According to analysis by the Financial Times, published on Wednesday, the six largest Chinese lenders by assets, including ...
The Financial Conduct Authority has told the Supreme Court that the Court of Appeal went “too far” when it ruled against ...
UniCredit and Commerzbank have rejected suggestions that European banks face structural barriers to financing defence companies, affirming their readiness to support deals while urging governments to ...