The rising tide of stablecoins, underpinned by the pro-crypto leanings of the second Donald Trump administration, has in the past 12 months become too great for banks to ignore.

The World Bank’s Global Findex 2025 report found that the global account ownership rate stood at 79 per cent in 2024, compared with 51 per cent in 2011 and 74 per cent in 2021. In prepared remarks ...

The bulk of the fine relates to Barclays’ dealings with gold bullion firm Stunt & Co, a customer of Fowler Oldfield, which was at the centre of a major money laundering investigation following raids ...

It is time to take the boot off and regulate for growth, not risk. That was chancellor Rachel Reeves’ core message in her Mansion House speech last night, where she unveiled the biggest financial ...

HSBC’s decision to exit the Net-Zero Banking Alliance is “hugely disappointing” say shareholders and sustainability experts, ...

Infrastructure dealmakers say UK regulations are more supportive of cross-border mergers and acquisitions than US rules, as ...

“Significant risks persist — including from tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices,” Jamie Dimon said in a statement on ...

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.

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 ...

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, ...

The Federal Reserve has proposed changes to how it evaluates major US banks under its large financial institution rating framework, aiming to make it easier for them to qualify as “well managed” and ...

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 ...