The average NPL ratio of the Philippines’ digital banks stood at 8.5 per cent in September last year, according to a note by credit agency Fitch Ratings. This is higher than the banking system’s ...
UK Chancellor Rachel Reeves and Bank of England governor Andrew Bailey have urged the UK to reforge trade links with the EU, wary of potential fallout from US President-elect Donald Trump’s proposed ...
The Financial Conduct Authority is finding it “challenging” to pull together a cost-benefit analysis of its controversial proposals to ‘name and shame’ firms under investigation, amid pressure to ...
Standards agreed in at this year's UN climate conference are expected to attract more bank and corporate participation in carbon markets, which have suffered trust and integrity issues ...
In September Sanoma Corporation, the Finnish learning and media company, became the first corporate to issue and list a ...
The decision to greenlight carbon market standards without major scrutiny on day one of this year's UN climate conference has been heralded as a win for carbon credits, but questions still need answer ...
Cross-border payments may carry “heightened legal risks” when compared to domestic payments, the CPMI report notes, pointing at differing laws and regulations across jurisdictions as a potential ...
MUFG aims for top 10 bank status by market value Italy sells 15% stake in MPS for €1.1bn US regulators warn of money-laundering crackdown Nubank reports soaring net income Japan’s Mitsubishi UFJ ...
Close Brothers has paused all motor finance lending, while Lloyds Banking Group, which owns the UK’s largest car finance ...
A Trump-Vance administration, under a new secretary, would likely return to an activities-based analysis, looking for market ...
US banks and private equity firms are gearing up for potential deregulation as Donald Trump returns for a second term as US ...
CIBC’s interest in Luxembourg’s public sector business grew from a desire to extend its long-standing sovereign, supranational and agency expertise to a broader set of clients in Europe and Asia. The ...