In a decisive move to tackle climate-related financial risks, the Bank of England has revealed that it will cease accepting bonds associated with thermal coal companies as collateral in its …
Revolut’s financial results for 2025 paint a picture of extraordinary growth, with revenues climbing 46% to £4.5 billion and pre-tax profits jumping 57% to £1.7 billion, yet the company has …
Governor Andrew Bailey delivered a notable pushback against market speculation on Thursday, even as the Bank of England kept its interest rate at 3.75% and acknowledged that inflation risks had …
Motorists in Japan are facing the highest gasoline prices in the country’s history, with the national average hitting 190.8 yen per liter. This record-setting figure, announced by the Oil Information …
The Bank of Canada finds itself at a crossroads this week as it prepares its latest interest rate announcement. While the consensus among economists is for a hold at 2.25 …
Fear of identity theft has spiked among UK bank customers following an IT error that displayed private user data to the wrong people. The breach, affecting Lloyds, Halifax, and Bank …
HSBC’s market value has reached a significant milestone of $300bn, driven by a successful reorganization along “east-west” lines and strong annual profits. The bank reported a 2025 pre-tax profit of …
A major legal dispute is on the horizon as the Bank Policy Institute evaluates taking the OCC to court over crypto-related licensing. The BPI, whose board includes CEOs from Citigroup …
The Federal Reserve’s final policy meeting of the year highlights an underappreciated consequence of government dysfunction: the paralysis of economic policymaking. With the Bureau of Labor Statistics shut down for …
For the first time in over 15 years, the Bank of England is preparing to cut the amount of emergency capital that major banks must keep on their balance sheets. …
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