US Treasury secretary Scott Bessent accused the IMF and World Bank of “mission creep” on Wednesday, saying they need to refocus on reducing poverty and strengthening economies, instead of climate ...

The invasion of Ukraine in February 2022 started to change things. Now, Europe is scrambling to turn its long-stated aim of “strategic autonomy” into a reality, and a growing number of venture capital ...

If the US scaled back support, MDBs’ prized AAA-credit rating could be in jeopardy, Fitch Ratings warned in a February ...

Santander is seeking regulatory approval to restructure its UK operations by splitting off its consumer finance division, ...

Across 38 loans made between March 2020 and March 2025, totalling approximately $2bn, none of the financed projects appeared ...

Another important application of GenAI in cyber offence is having it write code that exploits known vulnerabilities in the ...

Moving fast on the use of data and artificial intelligence does not mean relaxing controls, but reducing friction, says BNY’s ...

Now, the brutal shift in transatlantic relations unfolding under the new US administration headed by President Donald Trump, ...

Bank of America and Citigroup reported better than expected Q1 results on Tuesday, with earnings and revenue lifted by strong ...

The story of capital markets in developing countries is not just a tale of numbers; it is one of opportunity and innovation. Fresh data reveals that since 2000, capital market debt and equity ...

It is not only the large US banks that are increasing their private credit firepower. Lenders in Europe are active as well.

Japanese lender Nomura announced on Tuesday that it has agreed to acquire Macquarie Group’s US and European public asset management businesses for $1.8bn, in what it described as its largest-ever ...