The UK will move to T+1 settlement for securities in October 2027 in line with similar moves by the EU and Switzerland, the body tasked with managing the transition confirmed on Monday, with the ...
The US Securities and Exchange Commission has overturned a Biden-era rule that made it costly for banks to hold digital assets. The SEC on Thursday repealed SAB 121, which required banks to treat ...
Newly inaugurated US President Donald Trump has also called on EU Nato member countries to significantly ramp up defence spending from an existing target of 2 per cent to 5 per cent of GDP.
State-based armed conflict has jumped to the number one risk for 2025 from eighth last year, followed by concerns about extreme weather and geoeconomic confrontation, according to the World Economic ...
Following the introduction of the first stage of the Single Euro Payments Area’s Instant Credit Transfer Scheme within the EU on January 9, banks are gearing up to be able to make fund transfers which ...
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...