The Moscow Region Arbitration Court on Wednesday said that the action was initiated by Russia’s deputy prosecutor in connection with the Ukrainian central bank’s withdrawal of the licence of MR bank, ...

Sterling dropped to a two-week low in early Thursday trading, after Bank of England governor Andrew Bailey held out the prospect of becoming “a bit more aggressive” in cutting interest rates. The ...

Banks across the globe are facing significant challenges in the adoption of Swift’s ISO 20022 standard. The new transaction format requires an overhaul of many major banks’ legacy systems, functioning ...

UK banks will be given new powers to delay payments suspected to be fraudulent, as the government tackles the millions lost to scammers every year. New laws proposed by the government will extend the ...