In a decisive move to tackle climate-related financial risks, the Bank of England has declared that, starting October, it will cease accepting bonds tied to thermal coal companies as collateral …
Finance
Revolut posts record £1.7bn profit while acknowledging risks tied to ai and bitcoin support
Digital banking platform Revolut has delivered record financial results for 2025, reporting a pre-tax profit of £1.7 billion alongside revenues of £4.5 billion, even as it acknowledged potential backlash over …
Britain’s central bank has opted to maintain its interest rate at 3.75%, pausing any monetary easing as the war involving the US, Israel, and Iran continues to shake global energy …
The Japanese government is set to deploy a multi-billion yen subsidy program this Thursday to combat a record-breaking spike in gasoline costs. On March 16, the national average reached 190.8 …
As global oil markets face unprecedented volatility, the Bank of Canada is preparing to deliver a critical policy update this week. Markets overwhelmingly expect the central bank to keep interest …
Thousands of UK bank customers were left shaken this morning after discovering they could see other people’s bank statements upon logging into their mobile apps. Users of Halifax, Lloyds, and …
HSBC Chief Executive Georges Elhedery has signaled that his sweeping reform of Europe’s largest bank is nearly finished, coinciding with a record $3.9bn bonus payout for staff. Elhedery’s personal compensation …
A coalition of the largest financial institutions in the United States is threatening legal action to stop a controversial expansion of banking licenses. The Bank Policy Institute (BPI), which counts …
The Federal Reserve faces one of its most challenging decisions this week as officials gather for their final meeting of the year. With markets anticipating another interest rate cut, the …
The United Kingdom’s financial services sector received a powerful endorsement as two major American banking institutions revealed extensive expansion plans shortly after the autumn budget announcement. JP Morgan’s commitment to …
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