A few U.S.-based commenters mentioned FedNow, a new payment service launched by the Federal Reserve in 2023 that allows real-time payments. However, its adoption has been slow. “FedNow is a new system ...

The market’s long M&A winter could finally be about to thaw. It’s good news for investment-banking stocks. This was supposed ...

There is a degree of political agreement over so-called debanking, but no easy answers to the hot topic in Washington.

Banks are the backbone of American communities, no matter what their economic strata. Much like post offices, they are a ...

The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in Britain ...

It does not necessarily reflect the view of The Herald. UK interest rates are set to be cut to 4.25% as the Bank of England eases costs for borrowers while it digests the impact of US tariffs on the ...

(CNN) — US President Donald Trump posted an AI image of himself as the pope, prompting accusations of poor taste in the Roman Catholic community just days before the conclave to elect Pope ...

The Met Office forecasts that temperatures will reach a maximum of 15C or 16C on the south coast of England on bank holiday Monday, May 5 but said northern parts of the UK would “struggle to get into ...

The shares of Federal Bank fell 4.2% to Rs 188.2 during Friday's intraday trade, despite the lender reporting a 13.7% year-on-year (YoY) increase in net profit to Rs 1,030.2 crore for the March ...

Concurrently, non-interest income witnessed a 19% reduction, falling to £77m. Despite the challenging financial climate, the bank managed to eke out a 6% rise in net interest income to £1.1bn. With ...

The UK is set to see a shift in Bank Holiday dates in 2026 and 2027, with three 'substitute days' pencilled in. While 2025 will feature eight bank holidays, these won't all fall on the same dates ...