According to the FT’s sources, BBVA is now acting as one of a small group of independent custodians for Binance. The crypto exchange has sought to restore trust after paying a record $4.3bn fine to US ...

President Trump has ordered regulators to punish banks that refuse business to customers on political or religious grounds, in an executive order signed on Thursday. The order gave regulators the ...

Standard Chartered has announced an agreement to sell Brazilian forest carbon credits, using a methodology that has in the past attracted criticism for over-crediting projects on which those credits ...

Some of the world’s biggest banks, including JPMorgan Chase and Royal Bank of Canada’s investment banking arm, are backing a ...

The bank has also been downgraded by Fitch due to the ‘recent challenges’ presented by the motor finance episode ...

The move comes after recent exits by Barclays and HSBC, and follows the withdrawal of major US banks including JPMorgan, Citi and Morgan Stanley, raising fresh doubts over the future of the ...

You are unlikely to meet another Italian who speaks with such reverence for the Wimbledon tennis tournament and Oxford ...

The UK’s highest court has largely sided with lenders in a case that could have cost banks billions in redress ...

The hedges swap interest rate risk for a fixed margin, and mean banks have remained boosted by net interest margins, which is the difference between the interest charged on loans and paid out on ...

The European Central Bank approved all applications to conduct so-called significant risk transfers in the last five years, despite growing concerns around the market. Significant risk transfers allow ...

In an interview with CNBC on Tuesday, Trump said that JPMorgan asked him to close long-standing accounts he held with the bank within 20 days and that Bank of America declined a $1bn deposit. “I ended ...

Barclays and HSBC’s NZBA exits are not procedural; they expose fundamental issues with banks’ climate commitments ...