Monzo fully reimbursed fewer than a fifth of authorised push payment fraud losses in the months leading up to the introduction of the UK reimbursement regime in 2024, despite its customers ...

The construction of nuclear power plants raises complex funding and geopolitical questions for banks. HSBC certainly took on ...

UK banks are contending with a sharp rise in customer accounts being used to facilitate fraud, according to data from industry body Cifas. “Misuse of facility” cases — where account holders move ...

Explosions rattled buildings in Dubai and a large cloud of smoke hung over a central area of the financial hub on Friday, AFP correspondents report. Sirens could be heard coming from the direction of ...

UAE set to ease tax residency rules as expats flee conflict. Authorities in the United Arab Emirates have signalled they may relax tax residency rules for expats who left followin ...

The Federal Reserve and the Federal Deposit Insurance Corporation are due on Thursday to publish a revised Basel Endgame proposal, setting out their latest plans for bank capital requirements. ...

International and local banks across the Gulf region have closed branches and told staff to work from home after debris from an Iranian drone hit a building on the outskirts of the Dubai International ...

Australia is pushing ahead with bank capital and liquidity proposals as renewed instability in the Middle East sharpens the case for a more resilient financial system. The Australian Prudential ...

The United Arab Emirates’ central bank has launched a liquidity support package for local banks, with Iranian attacks on local financial and economic targets showing little sign ...

As drone strikes on data centres in the United Arab Emirates continue to disrupt regional banking services, experts warn that such attacks represent a new risk to lenders’ operational resiliency. US ...

BNP Paribas steps up Europe private credit push despite US market strains. BNP Paribas is stepping up its push into private ...

CEO Andrea Orcel says UniCredit is free to launch a fresh takeover offer — if the bank chooses to do so © Jose Sarmento Matos ...