US Federal Reserve governor Michelle Bowman has signalled her support for three interest rate cuts this year, citing weakening labour market data as a justification for beginning reductions as soon as ...

The top four banks hold on to the same positions, with HDFC Bank in first place for a second year thanks to an 11 per cent increase in Tier 1 capital to $57.68bn. State Bank of India comes second with ...

The global M&A market is on track for a record year despite the impact of tariffs, recession and geopolitical instability. The total value of global deals in the first half of the year hit $2tn, a 16 ...

Here in the UK, bank analysts have been busy forecasting the impact of the Financial Conduct Authority’s plans to compensate consumers caught in the motor finance scandal. The regulator has said it ...

According to the FT’s sources, BBVA is now acting as one of a small group of independent custodians for Binance. The crypto exchange has sought to restore trust after paying a record $4.3bn fine to US ...

President Trump has ordered regulators to punish banks that refuse business to customers on political or religious grounds, in an executive order signed on Thursday. The order gave regulators the ...

Standard Chartered has announced an agreement to sell Brazilian forest carbon credits, using a methodology that has in the past attracted criticism for over-crediting projects on which those credits ...

Some of the world’s biggest banks, including JPMorgan Chase and Royal Bank of Canada’s investment banking arm, are backing a ...

The move comes after recent exits by Barclays and HSBC, and follows the withdrawal of major US banks including JPMorgan, Citi and Morgan Stanley, raising fresh doubts over the future of the ...

The bank has also been downgraded by Fitch due to the ‘recent challenges’ presented by the motor finance episode ...

Banks that finance the expansion of coal-fired blast furnaces for steelmaking risk mounting climate litigation, regulatory penalties, and long-term credit and investment risk, environmental ...

In an interview with CNBC on Tuesday, Trump said that JPMorgan asked him to close long-standing accounts he held with the bank within 20 days and that Bank of America declined a $1bn deposit. “I ended ...