Stablecoin Rules Signal Faster Market Modernisation
The Bank of England is preparing to publish draft rules for systemic stablecoins in June, as policymakers move towards a year-end regulatory framework aligned with the United States timetable. Sarah Breeden, the Bank’s deputy governor for financial stability, set out the plan at City Week 2026 in London, framing stablecoins, asset tokenisation and...
Brussels Banking Rules Test Financial Reset
Brussels is facing mounting concern from City figures over planned banking rules that could disrupt lenders, complicate the UK-EU relationship and...
Europe’s Central Banks Face Rate Decisions
Inflation concerns are intensifying as energy prices rise following the U.S. and Israeli attacks on Iran, prompting speculation that Europe’s central...
More Perspectives
RBI Policy Shift Deepens Rupee Market Disruption
The Indian rupee market is bracing for further turbulence after a major intervention by the Reserve Bank of India triggered an accelerated unwinding...
Banks Explore Fee Models Amid Pressure
Traditional banks face mounting pressure to adapt to the evolving financial services landscape, with digital challengers like Revolut successfully...
Paris Attack Probe Deepens Around Bank
French authorities have widened their investigation into the attempted attack on Bank of America’s Paris offices, adding two more suspects to a case...
Client freeze deepens Bank of London crisis
The Bank of London has agreed with the UK financial watchdog to stop taking on new customers, adding a fresh regulatory constraint to the lossmaking...
Bank of England proposes liquidity stress reforms
The Bank of England has outlined a new framework aimed at strengthening how banks manage liquidity during periods of financial stress, reflecting...
US Federal Reserve Moves To Ease Bank Capital
The US Federal Reserve is preparing to loosen capital requirements for large banks, signalling a shift in regulatory policy that could alter how...
Bank app glitch exposes customer account data
Customers of three major UK banks briefly gained access to other people’s financial information through mobile banking applications, raising concerns...
Open banking expansion promises major UK gains
Wider adoption of open banking could generate up to £43bn in annual economic benefits for the UK, according to new research published as regulators...
More Perspectives
Standard Chartered Targets Chinese Wealth In Singapore
Standard Chartered plans to expand its private banking operations in Singapore by doubling the number of bankers serving wealthy Chinese clients,...
US Banks Challenge Crypto Licensing Framework
Leading US banks are considering legal action against federal regulators over new licensing rules that could allow cryptocurrency and fintech...
Canadian Regulator Scrutinises Condo Mortgage Appraisals
Canada’s banking regulator has raised concerns with major lenders over mortgage appraisal practices linked to condominium purchases, highlighting...
Foreign Banks Confront India’s Entry Terms
Foreign banks are discovering that India’s appeal as a banking market is matched by a regulatory framework that limits how easily overseas capital...
Maksym Krippa: The Investor Reshaping Ukraine’s Prime Real Estate Market
Maksym Krippa is increasingly recognized as one of the key private investors influencing Ukraine’s commercial real estate market. While total direct...
Revolut Seeks US Bank Licence For Expansion
London-based fintech company Revolut has applied for a United States banking licence as part of its strategy to expand operations in the world’s...
Banks Push Digital Wallets Beyond Payment Cards
Royal Bank of Canada is expanding its payments strategy by developing systems that allow consumers to pay directly from their bank accounts,...
Central Banks Reassess Policy Amid Oil Shock
Escalating conflict in the Middle East is presenting a renewed challenge for central banks as rising oil prices increase inflation risks while...
More Perspectives
Citigroup Security Unit Faces Governance Questions
Citigroup’s internal security division, established to investigate misconduct and safeguard institutional integrity, is facing scrutiny from...
France Downplays Financial Exposure Risks
France’s financial sector has limited exposure to the escalating Middle East crisis, according to Banque de France governor François Villeroy de...
Russian Central Bank Challenges EU Freeze
The Bank of Russia has initiated legal proceedings against the European Union over the indefinite freeze of assets imposed in response to Moscow’s...
UK Lenders Debate Riskier Revenue Strategies
UK high street banks are at a strategic crossroads as they seek to balance the need to boost fee-based income with the long-standing imperative of...
JPMorgan Bankers Maintained Post-Client Epstein Ties
Newly released documents have revealed that senior bankers at JPMorgan Chase maintained professional interactions with Jeffrey Epstein after the bank...
UK Banks Oppose Capital Buffer Cuts
Top British lenders are pushing back against a regulatory initiative from the Bank of England that aims to bolster lending by lowering capital...
Islamic Fintech Set For Rapid Expansion
Saudi Arabia, the UAE and Malaysia are emerging as leading centres in Islamic fintech as global transaction volumes are projected to reach $341bn by...
SBT And BankCherokee Adopt Alkami Platform
Two US financial institutions, State Bank of Texas and BankCherokee, have gone live with a new digital banking platform provided by Alkami...