“An eight-month custodial sentence is a serious outcome in contempt proceedings, which are often punished by a fine. It ...

“A larger, consolidated bank would give you greater leverage and scale. It would strengthen the ability to expand regionally ...

The move mirrors similar initiatives by BofA’s rivals. JPMorgan last year said it would set aside $50bn from its own balance ...

Jes Staley is perhaps the most prominent name in banking to appear within the files. Staley, who resigned as CEO of Barclays ...

The increased use of AI in banking websites and apps risks exacerbating the accessibility issues faced by disabled customers, advocates have warned.

A recurring theme was the extent to which risk and control functions are still approaching AI rollout cautiously. Participants said this can slow deployment pipelines, reflecting both the scarcity of ...

Barclays has suffered the biggest net loss of retail customers over the past five years as a result of UK current account ...

Mediobanca will be folded into MPS group, with a new unlisted vehicle housing private and investment banking under the ...

Rumours had circulated for months that a number of high street banks were lining up to take over Evelyn Partners, one of the ...

The current UK regime is largely derived from the EU Securitisation Regulation introduced in 2017, part of a post-financial crisis tightening of global standards. While regulators have since made ...

A recent market report documents the predominance of fossil fuels in dozens of AI projects, including with gas turbines ...

Bank of Ireland UK has been fined for failing to implement confirmation of payee systems more than a year after the deadline, in a first-of-its-kind penalty from the regulator. The Payments Systems ...