Deutsche Bank Supports Proposed Global Defence Bank

Deutsche Bank has thrown its support behind the creation of the Defence, Security and Resilience Bank (DSRB), a global initiative designed to finance rearmament and strengthen national defence capabilities. The proposed bank, led by a coalition of former NATO advisors, senior military leaders, and

Fed Pushes Banks to Fast-Track Digital Future

The U.S. banking sector is facing a pivotal moment as Federal Reserve Vice Chair for Supervision Michelle Bowman urged institutions to move beyond their “overly cautious mindset” and fully engage with financial technologies such as cryptocurrency, blockchain, and artificial intelligence.

Citigroup Positions for Custody Role in Stablecoin Market

Citigroup is exploring custody and payment services for stablecoins and crypto asset ETFs, signalling a decisive step towards deeper engagement with tokenised finance. The move follows the passage of new U.S. legislation that requires stablecoins to be fully backed by high-quality liquid assets such

Bitcoin Surge Redraws Lines in Institutional Finance

Bitcoin has climbed to a record high of around $124,002, propelled by mounting expectations of imminent Federal Reserve rate cuts and an increasingly favourable regulatory climate. The shift in policy signals, from clearer stablecoin rules to the introduction of securities law reforms, has created

BOJ Faces Pressure To Abandon Obscure Inflation Gauge

The Bank of Japan is coming under intensifying pressure from policymakers, advisers, and even some of its own board members to scrap its reliance on an “underlying inflation” measure that many see as opaque, and to move towards a more transparent, potentially tighter, policy

Big Four Banks Move Swiftly on Rate Cuts

Australia’s four largest banks have wasted no time in passing on the Reserve Bank’s latest rate cut, offering some much-needed relief to mortgage holders amid persistent cost-of-living pressures. Following the central bank’s 25-basis-point reduction in the cash rate to 3.6 per cent, the lowest

US Bank Oversight Shift Sparks Risk Concerns

The U.S. banking sector is undergoing a significant regulatory pivot as the Trump administration directs agencies to remove “reputation risk” from their supervisory criteria. Traditionally used to assess whether a bank’s association

UBS Leaves Net-Zero Banking Alliance

UBS made headlines by withdrawing from the Net-Zero Banking Alliance (NZBA), a group formed in 2021 to help financial institutions align their operations with global climate goals. The Swiss bank cited the

Cyber Fraud Surge Undermines Nigeria’s Banking Sector

Nigeria’s banking sector faces an escalating threat from cyber fraud, which is severely undermining public trust and the integrity of financial institutions. In 2023, the Nigeria Inter-Bank Settlement System (NIBSS) reported losses

Barclays’ Profit Soars 23% Amid Tariff Boom

Barclays has posted an impressive 23% increase in its first-half profit for 2025, bringing the total to £5.2 billion ($6.94 billion). This significant jump has exceeded analysts’ expectations, underlining the bank’s solid performance amid global market uncertainties. The surge is

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