JPMorgan retained its position as the world’s biggest fossil fuel financier in 2024, and the biggest overall since 2021. Last year, the US’s biggest bank by assets committed $53.5bn in financing to ...

Private equity firm Pollen Street Capital has approached UK retail bank Metro Bank about a takeover bid, according to a report by Sky News on Saturday. Pollen Street, which is also a major shareholder ...

The Basel Committee on Banking Supervision’s “voluntary” framework for disclosing financial-related climate risks on banks’ balance sheets is a “serious step backwards” and a likely concession to the ...

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

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

Like the factories of the Industrial Revolution that once powered the UK’s economic success, today the financial networks are ...

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 ...

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

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 ...

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 ...

Hong Kong enters the stablecoin space as the sector shows sustained growth. The global market capitalisation of stablecoins hit $238bn in April 2025, according to CoinDesk Data, after 19 consecutive ...

Fintech valuations plummeted in the first quarter of this year as fears mounted over the impact of Trump’s tariffs. The median valuation of companies before they received external investment fell 41 ...