Like the factories of the Industrial Revolution that once powered the UK’s economic success, today the financial networks are a key engine of growth. The government’s National Payments Vision (NPV) ...

Citi rolled out the platform in Norway and Denmark and extended it to its operations in Ukraine earlier this year, and Sweden ...

The EU is set to impose sanctions on two Chinese banks accused of facilitating prohibited trade with Russia, representing the first time Brussels has targeted a third-country lender for supporting ...

NatWest has appointed its first head of artificial intelligence research to advance the lender’s AI capabilities, after the bank dismissed concerns last month that its AI use could lead to a reduction ...

Austria’s central bank is installing up to 120 ATMs in “cashless” rural areas as EU lawmakers continue to delay legislation securing the status of physical money, while other countries, including the ...

UniCredit will walk away from its takeover bid for Banco BPM unless the Italian government provides greater clarity on the conditions tied to the deal, chief executive Andrea Orcel said at a Goldman ...

A term used in astrophysics and now AI, singularity should help guide regulators as they tackle information gaps ...

Barclays is preparing to cut more than 200 jobs in its investment banking business in the coming days, according to a ...

On a cumulative basis since 2006, the US ended the first quarter almost 20 per cent ahead of China. However, Climate Bonds anticipates China will close the gap as US issuers “shy away” from labelling ...

This week, the world gathers for the UN Ocean Conference in Nice, France, and its precursor the Blue Economy Finance Forum in ...

The Swiss authorities said they would allow UBS to reduce its AT1 bond holdings by around $8bn, leaving it with an $18bn net ...

Eimear O’Brien, a partner at the law firm, said the latest revisions were introduced following the European Commission’s review of the current directive, “which found that it had not kept pace with ...