News

Goldman Sachs Q1 profit beats analyst estimates. Goldman Sachs reported stronger than expected Q1 earnings on Monday, driven by its performance in equities trading. Net profit ros ...
Beyond the CEOs, there has been a shake-up of the bank structures, cutting boards of commissioners by as much as 20 per cent. State banks in Indonesia are structured with a two-tier system, consisting ...
Moving fast on the use of data and artificial intelligence does not mean relaxing controls, but reducing friction, says BNY’s ...
JPMorgan, Wells Fargo and Morgan Stanley reported better than expected Q1 earnings for 2025 on Friday, even as executives warned of growing economic turbulence tied to inflation, US trade policies and ...
The collapse of prices to four-year lows in early April are set to increase the country’s reliance on debt markets to service a widening budget deficit, and once again raise questions over the ...
Banks are more inclined to finance companies with clear climate transition plans as the broader shift away from fossil fuels continues, yet at the same time they are seeking to maintain their fossil ...
Hackers infiltrated the Office of the Comptroller of the Currency, a key US bank regulator, and gained access to highly sensitive financial information for more than a year by compromising an ...
HSBC is set to move to a redeveloped property near St Paul’s Cathedral by 2027, while law firm Clifford Chance plans to relocate to Aldermanbury Square before its lease ends in 2028. Deutsche Bank is ...
Switzerland’s financial regulator, Finma, is pressing for expanded powers to ensure it has the necessary tools to oversee UBS, whose balance sheet has grown larger than the country’s GDP following its ...
The S&P 500 jumped 9.5 per cent, adding an estimated $4.3tn in market value, its biggest one-day gain since 2008. The rally extended into Asia on Thursday, with Japan’s Topix climbing 8 per cent and ...
A stablecoin framework is expected to be published in the UK soon but continued delays risk leaving the country trailing further behind other jurisdictions, said Riccardo Tordera-Ricchi, director of ...
Economists around the world have not been shy in their critique of US President Donald Trump’s trade views. Among them is Steve Hanke, who served as an adviser to US President Ronald Reagan and is ...