Hong Kong enters the stablecoin space as the sector shows sustained growth. The global market capitalisation of stablecoins hit $238bn in April 2025, according to CoinDesk Data, after 19 consecutive ...

French bank BPCE has acquired a majority stake in Portugal’s Novo Banco in a deal that values the lender at €6.4bn. BPCE purchased the 75 per cent stake from US investor Lone Star, which helped revive ...

Fintech valuations plummeted in the first quarter of this year as fears mounted over the impact of Trump’s tariffs. The median valuation of companies before they received external investment fell 41 ...

Citi rolled out the platform in Norway and Denmark and extended it to its operations in Ukraine earlier this year, and Sweden ...

The UK fintech boasted of having a market valuation of $1.1bn, “making it the first pre-revenue bank in history to attain ...

The Swiss authorities said they would allow UBS to reduce its AT1 bond holdings by around $8bn, leaving it with an $18bn net ...

The EU is set to impose sanctions on two Chinese banks accused of facilitating prohibited trade with Russia, representing the first time Brussels has targeted a third-country lender for supporting ...

This week, the world gathers for the UN Ocean Conference in Nice, France, and its precursor the Blue Economy Finance Forum in ...

Like the factories of the Industrial Revolution that once powered the UK’s economic success, today the financial networks are a key engine of growth. The government’s National Payments Vision (NPV) ...

Barclays is preparing to cut more than 200 jobs in its investment banking business in the coming days, according to a ...

The investment bank in which Valentino works is a standalone entity that sits under the wider Rockefeller Capital Management ...

Austria’s central bank is installing up to 120 ATMs in “cashless” rural areas as EU lawmakers continue to delay legislation securing the status of physical money, while other countries, including the ...