Finance

In a pivotal move to tackle climate-related financial risks, the Bank of England has declared that starting in October, it will exclude bonds tied to thermal coal companies from being …

Banking technology firm Revolut has delivered its strongest ever financial results while issuing a formal caution about the reputational risks associated with the energy demands of crypto and artificial intelligence …

Britain’s central bank kept interest rates at 3.75% on Thursday, warning that rising energy costs driven by the conflict in the Middle East could push inflation above 3% and trigger …

Japanese gas stations are displaying record-high prices this week as the national average hit 190.8 yen per liter. The 29-yen increase from the previous week is the largest on record, …

With the Strait of Hormuz effectively closed, the resulting 40 per cent jump in oil prices has complicated the Bank of Canada’s path forward. This week’s interest rate announcement is …

The aggressive push toward a “cashless” and branchless society is facing new criticism following a major data exposure at Lloyds Banking Group. A technical malfunction recently allowed app users to …

HSBC has announced an ambitious new target for its return on tangible equity, aiming for 17% or better through 2028. This update comes as the bank rewards its staff with …

A major legal confrontation is brewing between the United States’ largest banks and the federal agency that oversees them. The Bank Policy Institute is currently vetting a lawsuit against the …

America’s central bank faces an unusual predicament as it prepares to decide on interest rates this week: making critical monetary policy choices without essential economic information. The Federal Reserve’s final …

The Bank of England delivered a dual message on Tuesday: the traditional banking system is safe enough to loosen regulations, but the booming artificial intelligence sector poses a growing threat …