Explosions rattled buildings in Dubai and a large cloud of smoke hung over a central area of the financial hub on Friday, AFP correspondents report. Sirens could be heard coming from the direction of ...

International and local banks across the Gulf region have closed branches and told staff to work from home after debris from an Iranian drone hit a building on the outskirts of the Dubai International ...

JPMorgan is testing a system to compare junior bankers’ self-reported hours with data from internal IT systems, in a bid to ...

The European Commission is making its third attempt in just over a decade to build a capital markets union, hoping to channel ...

HSBC considering up to 20,000 job cuts in AI overhaul, say reports. HSBC is weighing up a significant reduction in its global ...

Customer concentration is the biggest risk to China’s banks, according to S&P Global Ratings, with city and rural banks particularly vulnerable to defaults among their biggest borrowers. The People’s ...

The City watchdog and UK finance industry are in talks to change rules that render the removal of the £100 contactless card limit across the UK in effect redundant in the near term.  The Financial ...

UK banks are contending with a sharp rise in customer accounts being used to facilitate fraud, according to data from industry body Cifas. “Misuse of facility” cases — where account holders move ...

Administrators obtained a worldwide freezing order against MFS founder Paresh Raja following allegations of a £1.3bn Ponzi scheme © Betty Laura Zapata/Bloomberg The writer is a partner at Quillon Law ...

As Iranian strikes on Gulf energy and finance targets enter their fourth week, attention is shifting to how a protracted conflict may impact remittance flows from the region. Expa ...

The construction of nuclear power plants raises complex funding and geopolitical questions for banks. HSBC certainly took on a challenge when it decided to play a lead role in the development of ...

In this interview, Anita Hawser asks investigator John Tobon about the financial networks behind the Epstein scandal and the critical lessons for banks, regulators and compliance teams. From ...