The World Bank, the Asian Development Bank, and the African Development Bank lead the transparency rankings for government projects. In terms of non-sovereign activities, the ADB takes the lead, ...

Regulators must move quickly to ensure stablecoins do not slip through the cracks of traditional oversight, said Standard Chartered’s chief financial officer, Diego De Giorgi.

The UK government will consult on mandating “credible” climate transition plans for UK banks and large companies to help transform the country’s financial services sector into a “global hub” for green ...

The Spanish government has imposed a three-year delay on BBVA’s ability to integrate operations with Banco Sabadell as a condition on its €14bn hostile takeover bid, in a move that could derail the ...

European banks’ pre-tax profits could fall by up to 30 per cent on average due to corporate credit losses stemming from Trump ...

Eduardo Savastano, a former Citigroup wealth management banker, is set to acquire around 90 per cent of Banco Masventas, a ...

While reputational risk is no longer part of the Fed’s formal supervision, the regulator expects banks to continue managing all risks to their financial soundness, including those linked to public ...

M&A between mid-tier challenger banks and incumbents has increased in recent years, as have the issues they have faced. In ...

The European Commission is examining Italy’s sale of a 15 per cent stake in Monte dei Paschi di Siena last year, following allegations that large investors were deliberately excluded from the bidding ...

Santander UK is to outsource 67 roles from its financial crime team in the north-west of England to KPMG, which could result in a number of lay-offs. Impacted staff have been told the transfer to the ...

Private credit faces mounting pressure to become more transparent as it seeks to attract new investors.

The Bank for International Settlements has warned that stablecoins fail to meet the criteria for sound money and are unlikely to play a central role in the financial system of the future, amid rising ...