Starling’s growth in particular was substantial — its revenue rose from £13,000 in 2016 to £453mn in 2023, according to the FCA, with customer numbers rising from 43,000 in 2017 to 3.6mn six years ...
Singaporean financial services providers are “falling short” of their responsibilities to mitigate money-laundering risks and must update their systems to avoid fines and cancellations of their ...
Global banks are experimenting with generative artificial intelligence tools to tackle intractable legacy issues that their workforce is either unable or reluctant to address, or that works out ...
Private credit, which refers to loans from non-bank entities, has grown rapidly, offering investors higher returns and borrowers an alternative to traditional bank credit. Bloomberg predicts the ...
Which advisors would UniCredit chief Andrea Orcel want in his corner if he were to launch a hostile takeover bid?
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 ...
The allegations at ANZ Bank, reports The Banker’s sister publication Banking Risk & Regulation, include manipulation of bond markets, massaging trading data to win a government contract, work meetings ...
As more fintechs enter the market and expand available services, the regulator is stepping up to ensure stability ...
Multilateral institutions like the World Bank and IMF have long been called on and been vocal about the role they can play in catalysing private sector investors and lenders — by absorbing part of ...
A: The inclusion of new members helps broaden AIIB’s reach in regions where it can make a tangible difference to ...
The FCA’s new regulations will not be sufficient to prevent further bank branch closures, said Andrew Martin, chief executive ...