Consider the mobile apps offered by banks. Many now use deep learning facial recognition software to perform anti-money-laundering and know-your-customers checks on new customers. Yet, beyond the ...

The investment case for banks and other private lenders to invest in emerging markets is stronger than commonly perceived, according to the World Bank’s International Finance Corporation, citing data ...

In 2011, once the dust had settled, the Financial Stability Board drew up a list of what they identified were global systemically important banks. Fast forward to 2024 and the list of G-SIBs is still ...

“Banks based in the UK pay a significantly higher rate of tax than those in New York and, because contributions to the EU’s Single Resolution Fund have now been suspended, they are expected to pay ...

UBS announced on Monday that it is selling its 50 per cent stake in credit card provider Swisscard, acquired through its ...

Morgan Stanley reported a 32 per cent increase in third-quarter profits on Wednesday, beating analyst expectations. The US ...

The fact UBS had a rigorous aptitude test appealed to Luck and suggested the institution took recruitment seriously. He stayed there for 15 years and in 2012 joined Bank of America where he is ...

TD Bank is expecting its pre-tax net interest income to fall by up to $225mn in the 2025 fiscal year, after it became the ...

JPMorgan plans to expand its presence in Africa by entering Kenya and Côte d’Ivoire this year, chief executive Jamie Dimon ...

The European Central Bank cut interest rates by 25 basis points for the third time this year on Thursday, reducing the ...

Authorities have every incentive to step up to the plate. The Fed pointed out in April that rising inequality can predict ...

Starling’s growth in particular was substantial — its revenue rose from £13,000 in 2016 to £453mn in 2023, according to the ...