Cyber criminals are adapting their methods to include spear phishing campaigns and account impersonation.
Large government debt and vulnerability to external shocks could derail the banking sector’s recovery in 2021.
New US president Joe Biden has frozen implementation of new rules pending a review.
More than 12,000 entities across almost 80 jurisdictions now adhere to ISDA protocol.
Crown preference rights allow the UK government to take insolvency payments before banks and unsecured creditors.
Regulatory veteran may seek greater disclosures and investor protection measures and clamp down on SPACs.
The country’s banks entered the pandemic in poor shape, and the central bank has warned the NPL ratio could exceed 13% this year.
CPTPP could offer opportunities to banking industry as MOU with EU remains uncertain.
Capital requirement regulations have been extended to infrastructure finance, but need tweaking to be fully effective.
Frenzied trading certain stocks has caught the attention of regulators and Janet Yellen.
Push by regulators to force leading tech firms to share data could provide a huge opportunity for other players.
The Middle East and north Africa has some of the lowest access to financial services in the world, but work is underway to change this.
UK tax legislation designed to tackle disguised employment could impact banks which have long used independent contractors for vital tasks.
Asia’s wealth management sector is booming as a new generation of investors comes forward.
Severe dislocation last year led one Bank of England official to ask whether central banks must become market makers of last resort.
Ongoing protests and heightened risk of political stalemate set to affect profitability and asset quality in the banking sector.
South-east Asian country organised a robust response to the pandemic, but concerns remain about its economy.
Lack of a fully fungible capital and liquidity regime may limit large-scale mergers between eurozone countries.
The UK’s departure from the EU has created uncertainty. But the picture around fintech is more nuanced.
Use of complex machine learning models holds pitfalls as well as opportunities, says Lael Brainard.