Revolut has published its 2025 annual results, revealing a 57% surge in profits to £1.7 billion and a customer base that has swelled to 68.3 million, while also disclosing material …
Finance
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The Bank of England resisted calls to cut interest rates on Thursday, maintaining its base rate at 3.75% as the ongoing conflict between the United States, Israel, and Iran continues …
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Japan is facing its most severe fuel price crisis in decades, with average gasoline costs reaching a record 190.8 yen per liter. The sudden 29-yen jump as of March 16 …
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This Wednesday, the Bank of Canada is set to keep interest rates steady at 2.25 per cent, marking the third consecutive hold. However, the focus will not be on the …
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A technical error at the heart of the Lloyds Banking Group’s mobile platform recently allowed customers to peek into the private financial lives of others. Users of the group’s three …
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HSBC has unveiled its 2025 annual results, highlighting a $29.9bn pre-tax profit and a record-breaking $3.9bn bonus pool for its workforce. The bonus pot represents a 10% increase from the …
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The Bank Policy Institute, representing forty of the world’s most influential lenders, is considering a lawsuit against the OCC to uphold banking standards. The group is fighting back against new …
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The Federal Reserve confronts a monetary policy nightmare this week as it deliberates over interest rates while both inflation and unemployment climb simultaneously. This dual deterioration eliminates easy choices, forcing …
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In a move that could eventually lead to easier access to credit for consumers and companies, the Bank of England has signaled a relaxation of strict banking capital rules. By …
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Britain’s financial sector witnessed a remarkable display of confidence as major American banks announced billions in new investments shortly after the government’s budget presentation. JP Morgan’s commitment to build a …