News

The Swiss authorities said they would allow UBS to reduce its AT1 bond holdings by around $8bn, leaving it with an $18bn net ...
The UK fintech boasted of having a market valuation of $1.1bn, “making it the first pre-revenue bank in history to attain ...
Citi rolled out the platform in Norway and Denmark and extended it to its operations in Ukraine earlier this year, and Sweden ...
This week, the world gathers for the UN Ocean Conference in Nice, France, and its precursor the Blue Economy Finance Forum in ...
Barclays is preparing to cut more than 200 jobs in its investment banking business in the coming days, according to a ...
French bank BPCE has acquired a majority stake in Portugal’s Novo Banco in a deal that values the lender at €6.4bn. BPCE purchased the 75 per cent stake from US investor Lone Star, which helped revive ...
Hong Kong enters the stablecoin space as the sector shows sustained growth. The global market capitalisation of stablecoins hit $238bn in April 2025, according to CoinDesk Data, after 19 consecutive ...
The Swiss government on Friday announced plans to tighten capital requirements for UBS, proposing that the bank hold up to $26bn in additional core capital following its state-backed rescue of Credit ...
On a cumulative basis since 2006, the US ended the first quarter almost 20 per cent ahead of China. However, Climate Bonds anticipates China will close the gap as US issuers “shy away” from labelling ...
Fintech valuations plummeted in the first quarter of this year as fears mounted over the impact of Trump’s tariffs. The median valuation of companies before they received external investment fell 41 ...
But banks across North America, Europe and Asia-Pacific are united in valuations being only partly explained by return on equity, with Bain showing that RoE explains just between 43 per cent and 49 ...
Austria’s central bank is installing up to 120 ATMs in “cashless” rural areas as EU lawmakers continue to delay legislation securing the status of physical money, while other countries, including the ...