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 The SEC on Thursday repealed SAB 121, which required banks to treat ...
Payment cards have evolved into lifestyle facilitators. Share the article They’re not just payment methods, but powerful symbols of personal style, status and values. And in the same way that payment ...
Nearshoring is poised to revolutionise Mexico's trade landscape, potentially adding $168 billion to its non-oil exports in the next five years, reshaping the nation's place in the global market. Share ...
The rollback of recent M&A review provisions is part of the expected changes that banking regulation will undergo as part of Trump’s deregulation drive. In the current US administration, bank M&A is ...
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 ...
Large European banks’ current credit losses could roughly triple by 2045 in an adverse climate scenario, according to modelling by ratings agency Scope, with banks in southern Europe particularly ...
The UK Financial Conduct Authority has said the next steps to progress open banking in the UK will include a new independent firm to “drive forward” variable recurring payments, following the lead of ...
What is the role of a bank? To lend, to finance, to keep account? Or can it also be a force for positive change in an unstable world? Share the article In the heart of Central Asia, between the Black ...