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 The SEC on Thursday repealed SAB 121, which required banks to treat ...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 ...
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 ...
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 ...
In a high interest rate world, innovation for its own sake is out. But solving real customer problems will never go out of style, writes Leda Gyptis in partnership with Visa Cross-Border Solutions.
European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...
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 ...
As one of his last official acts, in December US President Joe Biden approved the transfer of $20bn to a new World Bank-administered fund for Ukraine. This transfer is part of a larger $50bn loan ...
Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with ...