Metro Bank, a key player in the UK banking landscape, has demonstrated impressive growth in its financial performance for the first half of 2025. Reporting an underlying pre-tax profit of £45.1 million, the bank has successfully more than tripled its profit from £12.8 million
Nigeria’s banking sector faces an escalating threat from cyber fraud, which is
UBS has agreed to pay $300 million to resolve its involvement in
Euronext has made an all-share offer to acquire Hellenic Exchanges – Athens
In its latest policy decision on July 30, 2025, the Bank of
The European Central Bank (ECB) has announced that, starting in the second half of 2026,
Barclays has posted an impressive 23% increase in its first-half profit for 2025, bringing the
The Bank of England (BoE) is re-evaluating its strategy for quantitative tightening (QT) as the
China’s banking sector is undergoing a strategic overhaul as regulators intensify efforts to stimulate domestic
The European Central Bank (ECB) has opted to hold its key interest rate steady at
The Russian rouble has seen an unexpected 45% surge against the U.S. dollar in 2025,
UniCredit has posted a surprising jump in profits for the second quarter of 2025, leading
Bank of England Governor Andrew Bailey has strongly defended the current banking regulations in the
The global cryptocurrency sector has officially surpassed the $4 trillion mark, capping off a week that many industry observers believe marks the asset class’s transition from speculative frontier to financial mainstream. Fueled by
The Bank of England has begun pressing major lenders to detail how they would cope if U.S. dollar funding suddenly dried up, a scenario increasingly plausible amid concerns over a potential second Trump presidency. In quiet but deliberate steps, UK
Japan’s core consumer inflation eased to 3.3 percent in June, down from May’s 3.7 percent, but remained well above the Bank of Japan’s 2 percent target for
Leading American banks are inching toward stablecoin adoption, signalling a cautious but strategic embrace of digital currency as regulatory clarity begins to take shape.
The British pound firmed slightly against the euro following new labour market data that painted a more balanced picture of the UK economy. Though wage growth continues to cool and employment figures have softened, the revised numbers suggest a slower and more manageable downturn,
In June, UK consumer price inflation unexpectedly climbed to 3.6 per cent – the highest rate since January 2024, driven by rising food, fuel, and transport costs, and catching markets by surprise. This inflation jump raises immediate questions for the Bank of England, which had
The Bank of Japan is set to raise its inflation outlook for fiscal 2025, acknowledging persistent upward pressure from food costs such as rice, while keeping its 0.5% short-term policy rate unchanged in its July 30–31 meeting. This move reflects a cautious stance as
Bitcoin has soared past the $120,000 threshold, marking a new all-time high of $123,153 and reaffirming its emergence as a maturing financial asset within institutional portfolios. This record, reached on 14 July, reflects a broader shift in market dynamics, with digital currencies no longer
Since March, Beijing has urged banks to bolster low‑interest consumer lending to ignite household spending as a countermeasure to ongoing trade tensions, yet growth remains tepid and debt failures are mounting. Despite
Bitcoin has surged to an all-time high, climbing above $116,700 on Friday as institutional demand and favourable U.S. policy signals converged to drive new momentum. The world’s largest cryptocurrency has now gained
The Bank of Japan’s latest regional survey reveals a nuanced picture: although U.S. tariffs have so far exerted limited pressure on Japanese exports and industrial output, firms are growing increasingly anxious about
From the outset, Australia’s central bank has signalled a meaningful shift in financial market infrastructure with the launch of Project Acacia, a trial involving real-money settlement experiments across diverse asset classes. Beginning
UniCredit’s pursuit of a €17 billion Banco BPM bid and its strategic expansion in Commerzbank are entering a pivotal phase this week, with implications rippling across Italy and Germany. As the Italian court weighs
In a move that caught markets off guard, the Reserve Bank of Australia held its benchmark interest rate steady at 3.85%, defying expectations of a cut and triggering immediate reaction across currency
Japan now faces a precarious balancing act as US-imposed tariffs weigh heavily on exports, corporate profits, and wage dynamics, complicating the Bank of Japan’s (BOJ) monetary policy choices. With the yen weakening
The US dollar recently hovered near multi‑year lows amid escalating geopolitical tensions as the Trump administration prepared to implement higher tariffs following the expiry of its 90‑day moratorium – a move that
Singapore’s financial regulator has issued its second-largest collective fine, totalling S$27.45 million (US$21.5 million), against nine banks and wealth managers, including UBS, Citi, and Julius Baer. The action follows a major money-laundering
A group of high-profile tech billionaires is preparing to launch a new bank called Erebor, aiming to fill the void left by the collapse of Silicon Valley Bank in 2023. The venture is reportedly backed by influential figures including Palmer
Stripe has deepened its partnership with open banking provider TrueLayer, expanding their pay-by-bank solution into France and Germany as demand for seamless, card-free payments
Singapore police now have the authority to seize control of an individual’s bank account and block money transfers if they suspect the person is
ING Bank is intensifying its investment in agentic artificial intelligence (AI) to reshape its operational backbone, with transformative projects already under way in transaction