Finance

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 …

Bank of England Governor Andrew Bailey has raised fresh concerns about vulnerabilities in the global financial system, stressing the need to reinforce safeguards around market-based finance. According to Bailey, there …

The European Central Bank (ECB) has announced a significant update to its crisis-management playbook, aiming to fix a long-standing weakness in how the European Union handles failing banks. In a …