Saudi Arabia Monetary Authority (Sama) has issued a new guideline for digital-only banks planning to enter the market.
The US Senate voted last night night to pass a budget resolution that would protect a $1.5trn tax cut from a Democratic filibuster, an important step towards the Republican plan to rewrite the tax code.
Do Unilever shareholders have reason to be confident that the consumer goods giant made the right decision when it called off a £143bn takeover from Kraft Heinz earlier this year?
Despite China set to overtake the US as the world’s largest economy in the next few years, the US is still way out ahead in terms of wealth.
Under proposals announced on Tuesday, the UK government hopes to make it easier for ministers to intervene in mergers and takeovers when national security concerns arise .
BlackRock, the world’s biggest asset manager, is set to control close to $6tn in the coming months, judging by the company’s third-quarter results released on Thursday.
Catalan president Carles Puigdemont and other regional leaders signed a suspended declaration of independence from Spain last night, easing concerns of immediate unrest.
The German exchange Deutsche Börse is stepping up its efforts to replace London as the biggest euro derivatives clearing market after Brexit.
Saudi Arabia, the Gulf’s largest economy, is expected to return to international bond markets as soon as this week.
German chancellor Angela Merkel, Europe’s longest-serving leader, is set to secure her fourth term on 24 September.
UK-based wealth managers are uncertain what effect the new EU regulations will have on their relationships with clients.
Banking giant HSBC has admitted “defeat” on its prediction that the pound will drop to $1.20 against the dollar by the end of the year.
One of China’s main bitcoin exchanges, BTCC, has said it will stop trading after the Chinese government has been cracking down on cryptocurrencies over the past few weeks.
In the first ever request of its kind, the UK’s financial watchdog formally referred investment consultants to the Competition and Markets Authority (CMA).
UK unemployment fell by 75,000 in the three months to July to the lowest level in 42 years, but workers continue to feel the squeeze as real wages remain stagnant.
Despite Brexit uncertainty, London remains the world’s most attractive financial center, outdoing big cities including New York, Hong Kong and Tokyo.
Verdict — in association with GlobalData WealthInsight — has calculated exactly which education institutions around the world have created the most millionaires
Gold prices inched closer to a one-year high this morning after North Korea tested a nuclear bomb over the weekend, spooking global investors.
North Korea conducted one of its most provocative ballistic missile tests earlier today, causing the markets to slide.
Texas is bracing itself for Hurricane Harvey, which could be the worst storm to hit the US mainland for almost 12 years.
Fintech is a fast moving industry.
Not all universities are equal when it comes to future earning potential
“I hate cash,” legendary investor Warren Buffett stated earlier this year.
The Bank of England’s governor, Mark Carney, believes the UK’s financial sector could double in size to be 20 times as big as GDP within the next 25 years.
The Commonwealth Bank of Australia, one of the country’s biggest banks, has been accused of breaching anti-money laundering and counter terrorism finance laws by the Australian government.
Amazon chief executive Jeff Bezos briefly became the world’s richest person last week, forcing Microsoft founder Bill Gates from the top spot.
Tear gas in the air and the sound of police shotguns fill the streets — every day since April thousands of Venezuelans have been protesting in the capital city of Caracas.
Bank of England (BoE) workers are staging a three-day strike from today in a dispute over pay.