News Analysis
The US government has imposed more than $1.21 billion in penalties on Bank of America following serious failures in its systems for detecting and reporting suspicious financial activity. Announced on…
UBS, Switzerland’s largest bank, is preparing contingency plans that could include moving its headquarters abroad if Swiss lawmakers impose stricter capital requirements. According to a report by The Wall Street…
Global banks are weakening their climate commitments, raising questions about the financial sector’s role in supporting the shift to a low-carbon economy. The State of the Banking Transition 2026 report,…
The 2026–27 El Niño is developing into an unusually strong climate event, with the potential to become one of the most intense episodes on record. The World Meteorological Organization said…
European banks are steadily reducing their presence in Africa, creating space for pan-African and regional banking groups to expand into markets once dominated by international lenders. A report by Fitch…
The Eurosystem’s launch of Pontes brings central bank money into tokenised finance, creating a link between DLT-based markets and established central bank settlement infrastructure while supporting the wider development of…
The rapid development of AI systems is forcing technology companies, governments and researchers to reconsider how quickly frontier models should be developed. In September 2026, Anthropic and OpenAI publicly called…
Asian banks have resumed lending to Gulf borrowers after months of caution from the ongoing Iran conflict, signalling renewed confidence in the region even as geopolitical risks still remain. This…
European policymakers have been arguing that national markets are too fragmented for European banks to compete effectively on the global stage. Maria Luis Albuquerque, the EU finance commissioner, has backed…
Revolut, one of Europe’s largest digital financial services companies, is facing a data breach after cybercriminals used a genuine government email account to impersonate officials and request customer information. The…