
Bank of England tells banks to quantify climate risks
Bank of England executive director Sarah Breeden said that by 2050, banks and insurers are underestimating the potential impact of climate change on their business

Bank of England executive director Sarah Breeden said that by 2050, banks and insurers are underestimating the potential impact of climate change on their business

Governor Haruhiko Kuroda said that the Bank of Japan will consider extending its pandemic-relief programme beyond September deadline if necessary. This is because the country

German lender Deutsche Bank said that it would pump more than 200 billion euros ($244 billion) into so-called sustainable financing and investments by 2023. This

Goldman Sachs will launch an app for UK users of its digital bank Marcus. This app has a main feature to offer automated investment management

Frankfurt-based Degussa Bank and European payment services provider Nets have joined forces to create a modern, innovative consumer credit card offering in Germany. Silke-Christina Kummer, Head of Card

The European Central Bank said in a biannual stability review that, the high debt levels and a property bubble are among Europe’s biggest economic vulnerabilities, weighing

Bank of England Governor Andrew Bailey said that markets must not replace the tarnished Libor interest rate with alternatives that could end up replicating the same

A first-quarter profit and raised revenue outlook are given by the Commerzbank, which is all against the expectation on it. This is buoyed by strong

As policymakers focus on supporting an economy which is showing signs of recovering after shrinking for five consecutive quarters, the Philippine central bank left its

Britain’s financial regulators said that banks are encouraged to scrap Libor for pricing derivatives contracts from mid-June. Piling pressure on markets to speed up the long-anticipated