Blockchains are still synonymous with the wild world of cryptocurrencies, but on Monday, 30 banks and SWIFT – the world’s most important cross-border payment service – made them an utterly mainstream ...

The ongoing recapitalisation of banks and the recently elapsed capital deadline for Bureaux De Change (BDCs) underscore the Central Bank of Nigeria’s (CBN) determination to build a strong and ...

LONDON, Dec 2 (Reuters) - The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and ...

As G7 leaders prepare to meet in Canada, this year’s summit reflects a growing recognition that economic security and financial system resilience are deeply interconnected. The G7 Finance Ministers ...

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...

Bishop Matthew Kukah of Sokoto, Nigeria, with priests. (Credit: Vatican Media.) Listen YAOUNDÉ, Cameroon – Nigerian Bishop Mathew Hassan Kukah of Sokoto says the global financial system is outdated ...

Circle Internet Group, Inc. (‘Circle’) (NYSE:CRCL), one of the world’s leading internet financial platform companies, today released a flagship report that charts the formation of a new global ...

The Bank for International Settlements, the umbrella organisation of the world’s central banks, is warning that the rise in government debt and changes in the way it is being financed are creating ...

Stretched asset valuations and pressures in core sovereign bond markets are keeping financial stability risks elevated amid heightened economic uncertainty. These vulnerabilities could be amplified by ...

Global financial stability risks have increased due to tightening conditions, trade uncertainty, and vulnerabilities in capital markets, institutions, and sovereign debt. Global financial stability ...

Policymakers and financial institutions are underestimating climate risks that could undermine the global financial system, according to a new report from the Institute and Faculty of Actuaries (IFoA) ...