Rising operating costs for retail lenders are set to result in net interest margin declines of between 5 to 10 per cent by 2026, McKinsey has warned, with rising wage growth, increased financial crime ...

Bitcoin Suisse, the Swiss crypto-financial services provider for high-net-worth individuals and institutional investors, has had a busy 2024. It celebrated its eleventh anniversary and changed its ...

SVB and last year’s other bank failures put renewed focus on bank funding concentration and uninsured deposits ...

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 ...

HSBC chief executive Georges Elhedery is planning significant cost-cutting measures that could save up to $300mn by reducing the bank’s top management layers, the Financial Times reported on Thursday.

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 ...

As more fintechs enter the market and expand available services, the regulator is stepping up to ensure stability ...

A: The inclusion of new members helps broaden AIIB’s reach in regions where it can make a tangible difference to ...

Asian financial institutions’ slow adoption of Legal Entity Identifiers could leave them at risk of paying higher transaction costs and missing business opportunities, unless regulation steps up and ...

The FCA’s new regulations will not be sufficient to prevent further bank branch closures, said Andrew Martin, chief executive ...

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 ...