BNP Paribas says it does not foresee significant job cuts in the near term as a result of an AI partnership the bank has announced with Google Cloud but would not rule out longer-term reductions.

Iran war prompts HSBC to shift Dubai board meeting to London. HSBC has moved a board meeting scheduled for Dubai this month to London due to continuing security concerns over the ...

Last year, the equity capital markets team at Barclays felt confident enough to predict that 2026 would be extraordinary for initial public offerings. And so it has proved, both for the market and for ...

Few regulatory interventions can credibly claim to have created an entirely new layer of financial infrastructure, but open banking is one of them. What began eight years ago as an initiative to ...

The European Commission has asked European Supervisory Authorities to map banks’ direct and indirect exposures to NBFIs ...

Anthony Watson, the founder of Bank of London, has been hit with a bankruptcy petition by one of the troubled fintech’s major investors over alleged unpaid debts.

The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice: www.ft.com/editorialcode ...

The backlash Barclays is facing over its return-to-office plans, with thousands of staff supporting a call for employees with ...

Swiss lawmakers reject UBS capital compromise. Swiss lawmakers have rejected a compromise that would have eased new capital rules for UBS, instead backing an approach much closer ...

HSBC says that the Iran war cost it around $32mn in direct losses in the second quarter and that it is taking a “cautious approach” to drawing on a reserve fund established to cushion itself from ...

Responding to the European Commission’s MiCAR review, the ESCB has backed stronger oversight of crypto asset service providers ...

Syria’s former central bank governor has called on global investment banks to help turn the country’s reconstruction projects ...