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News
UAE financial services hiring rebounds following Iran scare
1+ hour, 8+ min ago (119+ words) The UAE has reclaimed its position as the most popular overseas destination for UK-based finance jobseekers, after the Iran conflict prompted a sharp fall in applications for roles. A growth in the number of job applications during the first three…...
UK banks position for role in Burnham’s regional investment plans; Brussels plans overhaul of cross-border banking rules
1+ day, 20+ hour ago (109+ words) The UK’s largest banks are positioning themselves to finance regional infrastructure projects, which are expected to emerge from the devolution plans of newly appointed prime minister Andy Burnham. According to reporting by the FT, Lloyds Banking Group and NatWest have…...
Reg Wrap: Apra proposes bank capital tweaks
1+ week, 4+ day ago (722+ words) Apra to amend bank capital and reporting rules US Fed restricts TS Banking Group distributions FCA steps up on illegal promotions and market abuse The package covers 10 prudential standards, 15 reporting standards and two prudential practice guides. Apra said the amendments…...
LatAm table reflects strong Mexican lender growth
2+ week, 3+ hour ago (112+ words) Economic conditions across Latin America and the Caribbean cooled in 2025 as longstanding structural challenges and heightened global uncertainty weighed on regional performance, according to the World Bank. Nevertheless, some smaller economies performed relatively well, while the strength of several prominent…...
Gold glitters for central banks as they seek out safe havens
3+ week, 2+ day ago (104+ words) TheBanker.com Asian banks profitability comparison Reg Wrap: ECB, FDIC and PRA send fresh supervisory signals Gold glitters for central banks as they seek out safe havens More than one in three central banks globally plan to increase their allocations…...
Bank Indonesia credibility under more pressure as oversight tightens
1+ mon, 1+ week ago (786+ words) The credibility of Indonesia’s central bank is further in doubt following this week’s surprise rate rise, which closely followed government reforms requiring the bank to support real sector growth. Bank Indonesia unexpectedly increased its benchmark interest rate on Tuesday by…...
UK banks ‘uninvestable’ amid Labour leadership challenge
1+ mon, 1+ week ago (145+ words) UK banks are becoming increasingly difficult to invest in, analysts and CEOs have said, and the situation is unlikely to change until the outcome of any Labour leadership contest is known. There are concerns that the UK government is on…...
Reg Wrap: US removes ‘reputation risk’ from supervision materials
1+ mon, 2+ week ago (119+ words) US federal banking agencies have removed additional references to “reputation risk” from supervisory materials, continuing a broader shift away from using the concept in bank oversight. The Federal Deposit Insurance Corporation, Federal Reserve and Office of the Comptroller of the…...
Warsh tells Fed staff to prepare for policy and operations review; Non-bank trading firm revenues jump to record $114bn
1+ mon, 2+ week ago (110+ words) Federal Reserve chair Kevin Warsh has pledged to uphold “the best of the Fed’s traditions” while signalling a wide-ranging review of the central bank’s strategy, policy and operations as he begins his four-year term. “We won’t rely on past practices…...
Fed stress test overhaul sparks political backlash
2+ mon, 20+ hour ago (136+ words) Lawmakers on Capitol Hill have raised serious concerns over Federal Reserve proposals to make its bank stress tests more transparent, warning that the changes risk giving lenders the equivalent of an “answer key” before future exams. Elizabeth Warren, the top…...