UBS has lost a $440mn lawsuit in London against Japan’s SoftBank Group over losses tied to the collapse of financial services ...

According to the Financial Times, First Brands also used reverse factoring, a form of supply chain finance where lenders pay ...

In Europe, open banking accounted for 17 per cent of total ecommerce transaction value in 2024. While the number of users ...

Banks cannot control the next hurricane or geopolitical escalation. They can, however, be bolder and more business-minded in ...

Harriet Rees, group chief information officer at Starling Bank, echoes the aspiration to put AI in the hands of the company’s ...

UK regtech firm Cube has acquired Deutsche-backed Kodex AI as part of its push to bring more “digital colleagues” into ...

“As NBFIs increase their share and importance in the global financial system, they are becoming increasingly reliant on banks ...

Goldman Sachs boss David Solomon has said the bank has become “especially vigilant” to manage risks arising from high US ...

JPMorgan reported a 12 per cent rise in third-quarter profit on Tuesday to $14.4bn, driven by strong consumer lending and ...

The Bank of England just said the quiet part out loud. The central bank’s Financial Policy Committee last week warned of an ...

A senior executive at the Financial Conduct Authority has hit back at industry criticism of its motor finance redress scheme, ...

The BoE designed its test to understand how interactions between banks and non-banks could amplify market shocks and threaten ...