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 The SEC on Thursday repealed SAB 121, which required banks to treat ...
The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir ...
Neo-incumbents, burdened by size, often miss emerging opportunities. The next wave of digital banking innovation lies in ...
Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with ...
More changes and delays to Basel III capital rules for banks are anticipated in both the UK and the EU on the back of the Bank of England’s decision to further postpone the implementation of the ...
European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...
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.
A UK fintech body has warned against complacency in the industry amid a backdrop of falling investment worldwide and growing ...
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 ...
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 ...