The 1033 Rule has its origins in 2010’s Dodd-Frank Act — so named because that was the relevant section number of that major ...
In August 2025, Sabadell struck its own deal to sell its UK retail lender TSB to Santander for £2.65bn, with the proceeds ...
US bank shares fell further in premarket trading on Friday following a sharp sell-off in regional lenders that rippled across global markets. Major US banks including Bank of Amer ...
The UK’s financial watchdog has warned that banks have failed to act on opportunities to stop romance fraud and must do more ...
According to the Financial Times, First Brands also used reverse factoring, a form of supply chain finance where lenders pay ...
Critics say the move has turned the CFPB into a vehicle for the culture wars, with debanking framed by Trump allies as a campaign to punish conservatives and choke off financial access for crypto ...
UBS has lost a $440mn lawsuit in London against Japan’s SoftBank Group over losses tied to the collapse of financial services ...
Banks cannot control the next hurricane or geopolitical escalation. They can, however, be bolder and more business-minded in ...
In Europe, open banking accounted for 17 per cent of total ecommerce transaction value in 2024. While the number of users ...
Harriet Rees, group chief information officer at Starling Bank, echoes the aspiration to put AI in the hands of the company’s ...
The London-based banking group, which already holds about 63 per cent of Hang Seng, has offered HK$155 a share, representing ...
UK regtech firm Cube has acquired Deutsche-backed Kodex AI as part of its push to bring more “digital colleagues” into ...
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