Ahead of the formal opening of its banking sector to foreign investors, Ethiopia awarded a mobile money licence last May to Kenyan mobile operator Safaricom, enabling it to launch its influential ...

Spanish bank Sabadell concluded its €365mn lawsuit against US private equity group Cerberus on Monday in London’s High Court. As reported by the Financial Times, the case stems from Cerberus’s alleged ...

Taken as a whole, the 240 banks represented in The Banker’s Top Islamic Financial Institutions for 2024 registered a 9 per ...

Overall stricter IRRBB requirements in the EU are putting European banks in a better position to withstand interest rate ...

Despite digital advances and geopolitical fragmentation, there appears to be little appetite for a rival to Swift outside ...

Santander included the results of its UK unit in the group earnings. Net profit in the UK fell 18.6 per cent year on year in ...

Project mBridge is a blockchain-based payments ledger, which is designed to support real-time, cross-border payments and ...

Earlier this year, the FCA asked more than 1,000 regulated financial services firms, including 181 banks, to report all ...

For all the talk of the green transition, getting one’s hands on concrete plans that clearly set out how a bank and its ...

The investment case for banks and other private lenders to invest in emerging markets is stronger than commonly perceived, ...

UBS posted a net profit of $1.4bn for the third quarter on Wednesday, nearly doubling analysts’ forecasts, as increased market volatility and cost-cutting measures boosted its trading business.

A final rule issued by the US Consumer Financial Protection Bureau this week to progress open banking is facing strong resistance from major banking associations, which warn it could undermine the ...