Ever since the announcement of the Brexit result, the pound has never been the same. It wasn't just the instant drop off in its value

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On Thursday, Metro Bank issued a statement to reassure investors after the short suspension of their shares due to volatility amidst suffering a hefty 25 per cent fall.

US stocks advanced Thursday as investors shrugged off sticky inflation data and its impact on future central bank policy on interest rates, but European stocks mostly dipped.

Britain's top lenders have passed stress tests to show they can withstand major economic shock, even as rising interest rates pressure the financial system, the Bank of England said Wednesday.

Following the failure of the Silicon Valley Bank (SVB) and Credit Suisse earlier this year, new research has revealed concerns among investors.

Consumer price inflation is expected to drop back to 2.8 percent in 2024, still above the European Central Bank's two percent target.

UK interest rates have been raised for the 12th time in a row in a further attempt by the Bank of England to slow the rising cost of living, increasing the Bank's base rate from 4.25 to 4.5 per cent.

A hike in expected US inflation over the next year comes ahead of next month's federal reserve decision on interest rates. Meanwhile, OPEC cuts increase the price of oil.

Whilst the economic outlook is still uncertain after the March collapse of Silicon Valley Bank and near-collapse of Credit Suisse, recent results bring good news.

Finance expert Tom Davey says that the class actions against investment bank Credit Suisse send a strong message that companies must clean up their act.

Group of Seven (G7) finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system.

Today, Nasdaq Ventures announced the completion of a £3.5m Series A investment into Kuberno. The company's co-founder believes this will help "Kuberno accelerate its international growth and expansion into new markets".

The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam global growth this year, but urged member countries to keep tightening monetary policy to fight persistently high inflation.

Global growth almost halved last year to 3.4 percent as the impact of Russia's invasion of Ukraine rippled through the world economy.

HSBC, Goldman Sachs, Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.

European inflation presents a mixed bag, with eases in inflation when energy and food prices are included in measures, but persistence when excluded.

About half of Canadian businesses see a mild recession over the next year, the Bank of Canada said on Monday in a first quarter survey, fewer than in the fourth quarter, and most are bracing for inflation to stay above 2% until at least 2025.

Global factory activity weakened in March as consumers feeling the pinch from rising living costs cut back, surveys showed on Monday, suggesting a deteriorating outlook will remain a drag on economic recoveries and keep policymakers on their toes.

Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the attorney general said on Sunday.

Rapid technological advances and fast-changing consumer behaviors have forced retail...

Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB) saying recent volatility highlighted the need for greater regulatory scrutiny.

Britain's No. 2 Treasury official said on Tuesday that he does not have any immediate concerns about the execution of Switzerland's Credit Suisse rescue by UBS but will monitor the deal closely, reiterating that UK banks are "very resilient."

The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.

U.S. Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and promised policymakers had more firepower to battle any crisis even as bank stocks resumed their slide on Thursday.

Corporate distress levels in Britain accelerated in the three months to February to their highest since June 2020, an index compiled by law firm Weil Gotshal & Manges shows.

The dollar headed on Thursday for its longest losing streak in 2-1/2 years after the U.S.

The Bank of England (BoE) raised interest rates for the 11th time in a row on Thursday, but said a surprise resurgence in inflation would probably fade fast, prompting speculation it had ended its run of hikes.

Wall Street bounced but European markets wobbled Thursday as investors weighed fresh interest rate hikes by central banks and signs of a possible pause in US monetary tightening following turmoil in the banking sector.

The Swiss National Bank raised its benchmark interest rate by 50 basis points on Thursday and said UBS's takeover of Credit Suisse had averted a financial disaster, adding it was now critical the merger took place in a smooth and fast way.