The fast-moving world of cyber security — encompassing everything from zero-day exploits to data breaches and CEO hacks — was named a top risk for 87 per cent of CROs worldwide, as reported by The ...
Citigroup mistakenly credited $81tn instead of $280 to a customer’s account last April and took several hours to reverse the error, according to a Financial Times report on Friday, citing two people ...
The move was ordered by Elon Musk’s so-called Department of Government Efficiency and, along with the US’s second withdrawal from the Paris agreement, it has raised serious concerns about America’s ...
It is human nature. That feeling of infallibility and irreplaceability. The further one rises, the firmer these notions can take hold. Although UK regulators now place a requirement on banks to ...
New capital requirements for UBS could be delayed by years after Switzerland’s finance ministry announced plans on Wednesday to shift key decisions to parliament, with a possible referendum pushing ...
The omnibus aims to streamline corporate sustainability reporting under regulations, including the Corporate Sustainability Reporting Directive, the Corporate Sustainability Due Diligence Directive, ...
Banks in the UK are mostly lending to buy existing property or to the financial sector rather than supporting economic output, according to campaign group Positive Money’s analysis of Bank of England ...
UniCredit has formally notified Germany’s Federal Cartel Office of its planned acquisition of a 29.99 per cent minority stake in Commerzbank, a spokesperson for the regulator confirmed on Wednesday.
DBS has become the first major Asian bank to say it will make significant job cuts as a result of its use of AI. The cuts come after Italy’s Intesa Sanpaolo said late last year that it could slash up ...
JPMorgan said on Monday it has committed $50bn of its own capital to lend to risky companies backed by private-equity firms, accelerating its push into the growing private credit market. The US ...
The October 7 attacks spearheaded by Hamas, and subsequent military action by Israel in Gaza, plunged the Israeli economy into a major contraction during the last quarter of 2023. The country’s GDP ...
“Business opportunity in the second part of the decade will be driven by solid investment in infrastructure and by the ...
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