The Hong Kong Monetary Authority has moved a step closer to amending the territory’s core banking law, publishing consultation conclusions that clear the way for legislative changes aimed at ...

The review invites responses from banks, supervisors, investors, fintechs and consumer groups. Brussels said it is seeking evidence on the structural constraints facing European lenders, including ...

UK banks’ high levels of net interest income will not last, analysts have warned, as the structural hedges that safeguard this income are due to come off within five years.

Kathy Ruemmler, a senior lawyer at the Wall Street bank and former White House counsel to Barack Obama, has said she will ...

Citigroup has increased chief executive Jane Fraser’s total pay to $42mn for 2025, up almost 22 per cent on the previous year, following a surge in the bank’s shares. The lender’s stock climbed 66 per ...

The United Arab Emirates’ largest bank by assets has launched a local currency stablecoin for “institutional and ...

Jes Staley is perhaps the most prominent name in banking to appear within the files. Staley, who resigned as CEO of Barclays ...

Stablecoin issuers may have to compromise on yield payments, according to a blockchain expert, after new stablecoin regulation stalled in the US Senate. A key vote on the Digital Asset Market Clarity ...

Former Barclays chief executive Jes Staley was named as a trustee of Jeffrey Epstein’s estate until at least 2015, according to documents released by the US Department of Justice. The disclosure, ...

Concentration risk is putting some Asia-Pacific banks at risk of losing up to a year’s earnings in the case of a single large ...

Through strategic partnerships with private debt funds, banks are able to retain high-value origination and client coverage ...

The consultancy paints a bleak picture for the future wealth and asset management revenue streams of incumbent banks ...