A year after the watershed economic measures that set Egypt on a path to economic stability, the fate of its sixth-largest bank is seen as a key litmus test of whether its fledgling economic reform ...

UBS chief executive Sergio Ermotti was paid SFr14.9mn ($16.8mn) in 2024, maintaining his position as Europe’s highest-paid banking executive. His compensation slightly exceeded the SFr14.4mn he earned ...

Banks operating in the UK could be breaking the law in their efforts to diversify their workforces. Deutsche Bank and NatWest are currently advertising programmes ringfenced for women, but their use ...

The UK’s Lending Standards Board, a group campaigning for fair access to finance for consumers and small and medium-sized ...

Allica Bank is having a moment. The UK challenger bank, which posted its first full-year of profits in 2023 and is on track ...

Since returning to office, the climate-sceptic Trump administration has withdrawn the US from the Paris agreement, reversed ...

In the past few months, ministers have pushed out the chair of the Competition and Markets Authority and announced the axing ...

His first brush with politics came in 1993 when he became prime minister of a caretaker government under President Oscar ...

The FCA is aware of the potential pitfalls of loosening regulation in an attempt to boost growth, and has highlighted this a ...

After being removed from the Swift network, Russia moved its domestic transactions to its System for Transfer of Financial ...

Wall Street stocks suffered their steepest decline of the year on Monday, with the benchmark S&P 500 index falling 2.7 per ...

Gross lending to SMEs from non-big five banks rose 8 per cent year on year to £37.3bn in 2024, according to a report by the ...