While increasing financial inclusion has been seen as an imperative among banks in Asia, the unbanked market has historically provided high risk and low returns. However, technologies like blockchain ...
Kotak Mahindra Bank holds on to the best-performing title, while HDFC pushes State Bank of India down one place to second in ...
The US has also increased the diversification of its development strategy in recent years in a bid to counter Chinese ...
Banks across the globe are facing significant challenges in the adoption of Swift’s ISO 20022 standard. The new transaction format requires an overhaul of many major banks’ legacy systems, functioning ...
France, Germany and Italy have asked the European Commission to consider changes to the EU’s Basel III framework implementation, due to come into effect in January, in order to protect “the ...
European Central Bank president Christine Lagarde has said that cross-border bank mergers in Europe are “desirable” to strengthen competition against US and Chinese rivals. Her remarks come as Italy’s ...
US Democratic senator Elizabeth Warren has called on Acting Comptroller of the Currency, Michael Hsu, to impose growth restrictions on Citigroup due to the bank’s ongoing regulatory issues.
Climate change is perceived as less of a major risk by UK banks, according to the Bank of England’s latest systemic risk survey, with geopolitical and cyber concerns higher on lenders’ worry lists.
Attijariwafa remains in sixth place overall thanks to a 15.6 per cent growth in Tier 1 capital © The picture painted by The Banker’s Top 100 African Banks for 2024 is broadly similar to that from ...
As the English expression goes, the cat has just been thrown amongst the pigeons. The cat in this case is Andrea Orcel (Andrea to his friends and enemies), UniCredit’s calculating chief executive. The ...
UK banks will be given new powers to delay payments suspected to be fraudulent, as the government tackles the millions lost to scammers every year. New laws proposed by the government will extend the ...
Despite the introduction of new caps on banks’ maximum reimbursement to fraud victims, the study, which compiled data from 28,000 customers from 15 countries between 2021 and 2023, found that UK ...