Revolut, one of the world’s fastest-growing fintech companies, has reported a £1.7 billion pre-tax profit for 2025, representing a 57% year-on-year increase, while simultaneously warning that its support for crypto …
Finance
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In a closely watched decision, the Bank of England voted unanimously to keep its base rate at 3.75%, choosing stability over action as the geopolitical fallout from the Iran war …
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The escalating war in the Middle East has hit the pockets of Japanese citizens, with gasoline prices reaching a record 190.8 yen per liter. This massive increase, reported on March …
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The Bank of Canada is anticipated to maintain its benchmark interest rate this Wednesday, providing a moment of stability amidst global turmoil. However, the steady rate comes with a caveat: …
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The UK’s Information Commissioner’s Office is currently investigating how a technical error allowed banking customers to access the financial records of others. The breach affected individuals using apps for Lloyds, …
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Shares in HSBC climbed 5% on Wednesday following news that the bank is meeting its $1.5bn cost-reduction targets six months early. This efficiency has allowed the lender to approve a …
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Wall Street is currently locked in a high-stakes standoff with federal regulators over the future of the American banking charter. The Bank Policy Institute, a powerful trade group, has indicated …
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The Federal Reserve enters its final policy meeting of the year deeply divided over the appropriate course for interest rates. Market participants expect another cut on Wednesday, but internal disagreements …
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Britain’s financial services landscape received a significant boost with announcements from two Wall Street banking giants revealing major expansion plans in the wake of the autumn budget. JP Morgan disclosed …
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British banking equities experienced a pronounced upward trajectory on Tuesday as market participants grew increasingly assured that the financial services sector would avoid fresh taxation in the forthcoming budget announcement. …