UBS executives had restarted discussions about reducing the bank’s exposure to Swiss regulation. Credit: Judith Linine/ Shutterstock.com. At least eight international banks have indicated they may be ...

Swiss financial watchdog FINMA has concluded an enforcement action against Julius Baer, determining the bank committed “serious” breaches of regulatory provisions concerning money-laundering ...

Allspring oversees $642bn in assets. Credit: Funtap/ Shutterstock.com. Allspring Global Investments, once part of Wells Fargo, is being prepared for a potential sale by its private equity owners, ...

It was mainly centred on Asia, but also covered parts of Europe, the Middle East and Africa. Credit: photo_gonzo/ Shutterstock.com. Morgan Stanley has been dealing with the fallout after an employee ...

From June 2026, Barclays removed the monthly customer fee for Direct Investing. Credit: Barclays. Barclays has secured approval from the UK’s Financial Conduct Authority (FCA) to provide targeted ...

DTCC and iCapital will also examine the use of current and emerging technologies in alternative investments. Credit: FON’s Fasai/ Shutterstock.com. The Depository Trust & Clearing Corporation (DTCC) ...

Banks and authorities recovered approximately €53m, leaving about €36m unaccounted. Credit: HelgaQ/ Shutterstock.com. Fraudsters posing as senior executives used AI to take €95m ($108m) from Fideuram, ...

The legislation now passes to the lower house, with a final outcome seen as most likely in 2027. Credit: JHVEPhoto/ Shutterstock.com. Switzerland’s upper chamber of parliament has approved a stricter ...

HSBC withdrew from India’s retail brokerage and depository operations in 2013. Credit: FotoField/ Shutterstock.com. HSBC is preparing to return to India’s equity broking market after more than 10 ...

NCM operates from Edinburgh, London, Jersey, and Guernsey. Credit: Alicia97/ Shutterstock.com. Standish Management has agreed to acquire NCM Fund Services, which provides fund administration for ...

Through the new app, users can handle more day-to-day banking tasks on their phones. Credit: Summit Art Creations/ Shutterstock.com. Crédit Agricole next bank (CA next bank) has become the first bank ...