U.S. President Donald Trump has frequently branded himself a "big crypto guy." However, when it came to backing that claim, specifically within accounts designated for America's children, he stopped short. Here is a look inside the tension between the administration's crypto rhetoric and its real-world financial backing.

Trump's crypto fandom tests ethics lines again

A European intelligence assessment has warned that Russia's banking sector could face an 'explosive' crisis as lenders continue to shoulder the financial burden of Moscow's war economy. The report comes as the EU prepares a fresh round of sanctions targeting Russia. 

 EU warns Russian banks could face 'explosive' crisis

US President Donald Trump has voiced support for stronger safeguards as artificial intelligence rapidly reshapes the banking sector. While highlighting AI’s potential to improve efficiency and fraud detection, Trump also warned that unchecked systems could pose serious risks to financial stability. Experts echo these concerns, saying AI could disrupt global markets, trigger systemic shocks, and outpace regulation if not carefully managed.


Trump Backs AI Safeguards In Banking Amid Fears Of Global Financial System Disruption

A trillion-dollar credit boom is showing cracks.
Investors are dumping shares of major US asset managers on fears that their push into private lending could backfire.
Concerns are growing that the next financial shock may not come from the banks, but from the shadows. Take a look at this next report for more.

Financial Collapse Lurking in the 'Shadows'?

The credit boom and robust economic growth are propelling India's banks to branch out into new areas and industries. However, a disturbing side effect of the pressure for businesses to produce is, one of the worst turnover rates for bankers in the world.

Thousands of Indian bankers are quitting

JPMorgan Chase, the largest bank in the United States, has turned in better-than-expected second-quarter profits due to its perfect investment banking business with the high tide of merger and acquisition activities.

JPMorgan Chase beats profit estimates on strong dealmaking, trading

Numerous individuals have received calls from scammers posing as bank officials or police officers. The frequency of these deceptive calls is increasing. As a result, the Indian government has introduced a new method to address this problem. Find out more in this story.

India announces '160' series to combat banking frauds | Tech it Out

New Zealand's Finance Minister Nicola Willis announced on Wednesday that the country will initiate an inquiry to evaluate competition within its banking sector, particularly focusing on services in rural areas.

Banking dominance under scrutiny: New Zealand's battle for fair finance

Indian digital payments giant Paytm, also known as One 97 Communications, has been granted a third-party application provider license by India's payments authority.

Paytm secures third-party app license to sustain UPI payments: Report

India’s Reserve Bank (RBI) has ramped up scrutiny of fintech companies, signalling an end to lenient regulation of this pivotal industry. Following regular inspections in the past year, it was revealed that several fintech firms exhibited leniency in areas such as customer due diligence, prompting the RBI to take decisive action.

India’s central bank intensifies oversight of fintech sector through rigorous inspections

India’s digital public goods are powering a transformative shift in the way financial services are delivered. In this regard, the recent arrival of Account Aggregators (AAs) is another shot in the arm for financial inclusion and democratisation.

Expert Voice | Account Aggregators: A leap towards financial democratisation

A vice president at Barclays has filed a lawsuit against the British bank, seeking approximately $290,000, alleging racial, religious, and gender discrimination.

Barclays faces lawsuit over discrimination allegations from vice president

US banking giant Citigroup Inc faces urgent demands from regulators to revise its methods for measuring default risk in trading partnerships, adding to challenges for CEO Jane Fraser's turnaround efforts.

Citigroup faces regulatory scrutiny amid urgent calls for risk management overhaul

Barclays, a major player in the banking industry, has announced significant changes to its funding policies concerning oil and gas projects. As per a report by BBC, the banking giant has declared its decision to cease direct funding for new ventures in the oil and gas sector and to limit lending to energy businesses seeking expansion in fossil fuel production.

Barclays announces new policies limiting funding for oil and gas projects

Barclays has struck a deal to acquire Tesco's retail banking operations for £600 million ($757 million), a move set to reshape the landscape of the banking sector.

Tesco sells retail banking operations to Barclays in $757 million deal

Citigroup's CEO, Jane Fraser, engaged in a conference call on Thursday with managing directors, revealing further details of the bank's extensive restructuring, according to two undisclosed sources cited by Reuters.

Citigroup continues overhaul with CEO Fraser addressing managing directors

Wells Fargo & Co finds itself entangled in legal woes as an employee filed a lawsuit on Thursday, accusing the bank of denying overtime pay to hundreds of its U.

Wells Fargo faces lawsuit over alleged overtime violations amid unionisation push

In a strategic move earlier this fall, Morgan Stanley executed a $300 million risk transfer deal, obtaining protection against potential losses on loans. The deal, undisclosed until now and quoted by Reuters, involves issuing credit-linked notes, essentially serving as insurance for the bank.

Financial creativity or regulatory concerns? The unveiling of Banks' strategies in credit risk transfer

Top leaders from global banking institutions on Tuesday expressed their apprehension that the next financial crisis could originate from escalating geopolitical tensions and the persistent spectre of regulatory tightening.

Global banking chiefs warn of geopolitical uncertainty and regulatory concerns

The financial sector's top chiefs are sounding the alarm, fearing that the next crisis may be lurking in the uncertain realm of geopolitics. From the ongoing Russia-Ukraine conflict to the Israel-Gaza tensions and the persistent Sino-U.S. rivalry, these extreme events are now seen as potential litmus tests for market resilience.

Banking leaders fear geopolitical escalations

The European Central Bank (ECB) has made a significant attempt towards introducing a digital version of the euro, a move that aims to provide secure and free electronic payment options for citizens across the Eurozone.

ECB initiates two-year preparation phase for digital euro: Report

Morgan Stanley has faced a setback in its third-quarter profits, primarily due to sluggish dealmaking and a discouraging performance in investment banking. The results sent the bank's shares plummeting by 6.

Morgan Stanley's Q3 profit decline amid weak investment banking numbers

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5.39 crore ($650,000) on Paytm Payments Bank for its failure to comply with Know Your Customer (KYC) norms and other specific regulatory provisions, as explicitly revealed in a press release issued by the central bank.

RBI slaps Paytm Payments Bank with a massive penalty. Here's why 

Kotak Mahindra Bank unbelievably announced on September 1 that its founder and CEO – Uday Kotak, the visionary who built one of India’s leading banks from scratch, is stepping down from his position as CEO and appointing a new leadership, months before his contract was set to legally expire.

Flashback Friday: Revisiting the success of the self-made billionaire banker – Uday Kotak 

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