In most models, the second line includes compliance, risk, and sometimes internal control functions, while HR is almost ...

The FSB noted that costs and settlement times had stagnated and even worsened in many corridors in 2024, raising fresh ...

For banks, the case against reducing reporting frequency is strong, too. Quarterly disclosures provide early signals of ...

Biases in AI model training can reinforce inequality, and heighten risks of manipulation and cyber threats, including fraud ...

Sabadell board member and third-largest shareholder David Martínez said on Tuesday he would support BBVA’s improved hostile ...

Given the time horizon for monetary policy only extends out two to three years, by the time climate change becomes a defining ...

Volatile currencies and uneven economic growth across Latin America hurt the fortunes of the region’s banks in 2024, ...

The fintech has e-money licences in the UK, Ireland and Lithuania, which it can passport to operate across the continent.

Brazilian and Colombian banks were dealt particularly tough hands in 2024. Fiscal strains and doubts over policy credibility weighed on national currencies in the two countries, contributing to ...

SRTs allow banks to offload liabilities from their balance sheets by selling them as securities to third parties, reducing ...

The US government shutdown could squeeze regional banks through missed rent and loan payments, as experts warn allies of ...

Barclays has been honing its global mergers and acquisitions capability — something it believes is indispensable to the ...