Climate change should be a priority for UK financial authorities, says Carney, who called on the UK government to ‘get on’ with implementing sustainability disclosure standards ...

State Bank of India took second place, with a 12.55 per cent increase in Tier 1 capital to $49.50bn. It is followed by ICICI Bank, Axis Bank and Bank of Baroda. The top five combined hold 74 per cent ...

However, the EU financial sector’s share of alleged greenwashing cases involving an EU company fell from 23 per cent in 2022 to 21 per cent in 2023. Within the group, EU banks’ share fell slightly ...

The central bank has not disclosed the funding source for its large-scale loans to SCB. However, according to Reuters’ ...

South Africa’s banking giants continue to dominate the African continent in spite of the country’s recent economic woes.

Many Virgin Money customers are concentrated in the north of England and Scotland, the bank having been founded in Newcastle ...

Revenue-sharing also exists between banking, services and markets. According to Citi the switch has helped communicate the ...

Banks warn there is a limit to how far they can stretch their risk frameworks to make climate tech investments work ...

The rush to hire specialists is a symptom of the importance of the technology for banking CEOs; two-thirds of those surveyed by IBM said that the increased productivity associated with AI outweighs ...

Traders and regulators look to see if different trade cycles will upset market participants after the introduction of new ...

Green, social and blue bonds can be issued by Iceland’s treasury through the framework, which it published in 2021, and updated last year. Jóhannsson spoke to The Banker about the country’s ...

The Bank of England has postponed disclosing its critical policies on Basel 3.1 rules until after the UK’s general election ...