worlddaily

Lloyds-owned Bank of Scotland penalized for violating UK sanctions on Russia after regulators found the lender had allowed a sanctioned Russian-linked individual to open and operate a bank account in …

Germany’s new leadership came to power promising a dramatic turnaround for Europe’s largest economy after two consecutive years of contraction. Chancellor Friedrich Merz pledged an unprecedented wave of public spending …

U.S. businesses closed out the year with a strong push toward equipment investment, boosting borrowing activity to one of its highest levels on record. US companies increased borrowing for equipment …

Brown & Brown reports higher quarterly adjusted profit, but its shares slide as growth slows — a mixed message that shaped investor reaction after the insurance broker released its latest …

Danish energy trading firm InCommodities, backed by Goldman Sachs, has named John Dimech as the new chief executive for its Asia-Pacific operations, marking a strategic step in strengthening its presence …

Britain’s largest lenders have joined forces to support companies looking to grow beyond domestic borders, signalling a renewed push to strengthen the country’s international trade presence. Major Lending Commitment from …

Mizuho Financial Group has brought on seasoned investment banker Richard Robinson, appointing him vice chairman and managing director within its Industrials Group, according to an internal memo reviewed by Reuters. …

Citigroup faces a lawsuit from a former executive alleging mishandling of sexual harassment claims, after a senior female leader accused the bank of failing to protect her and instead forcing …

China’s position as a major financier for developing countries has undergone a significant transformation over the past decade. New lending to poorer nations has dropped sharply, while repayments on earlier …

Europe’s economy could slip further behind global competitors unless the European Union urgently reforms its banking regulations, according to a warning from the European Banking Federation (EBF). The industry body …