UK banks may need to conduct more stringent due diligence when onboarding customers, experts have warned, in response to new rules announced by the Treasury following 2023’s “debanking” controversy ...

The climate transition plans of Europe’s 20 biggest banks are “not fit for purpose”, with only two banks scoring above 50 out ...

Blended finance is one of the best ways to channel capital into emerging markets for tackling climate change and alleviating poverty, but it is currently “underutilised”, says a report by British ...

In Trump’s first 100 days of the current term that has not proven to be the case, with financial markets having to learn as ...

Italian lender Mediobanca has launched a €6.3bn takeover offer for its domestic rival Banca Generali, as it attempts to fend off a hostile takeover attempt by state-backed Banca Monte dei Paschi di ...

If the US scaled back support, MDBs’ prized AAA-credit rating could be in jeopardy, Fitch Ratings warned in a February ...

Santander is seeking regulatory approval to restructure its UK operations by splitting off its consumer finance division, ...

Across 38 loans made between March 2020 and March 2025, totalling approximately $2bn, none of the financed projects appeared ...

Another important application of GenAI in cyber offence is having it write code that exploits known vulnerabilities in the ...

HSBC has faced repeated disruptions at past meetings by groups such as Extinction Rebellion and is under pressure to reduce costs. Chief executive Georges Elhedery has targeted $1.5bn in annual ...

US Treasury secretary Scott Bessent accused the IMF and World Bank of “mission creep” on Wednesday, saying they need to refocus on reducing poverty and strengthening economies, instead of climate ...

The invasion of Ukraine in February 2022 started to change things. Now, Europe is scrambling to turn its long-stated aim of “strategic autonomy” into a reality, and a growing number of venture capital ...