The UK delayed its implementation of a significant update to international bank capital rules for a third time to allow for more clarity over its rollout in the US.

Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid economic nationalism in a speech released three days before Donald Trump is due to be sworn in as U.

The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump.

The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what the United States will do under Donald Trump as president, prompting the European Union to say it would also weigh its options.

Bloomberg Economics projects its aggregate measure of advanced-world interest rates to drop just 72 basis points in 2025, less than it did in 2024

It clears the way for President-elect Donald Trump to appoint someone new, albeit from the Fed's existing board, to the supervisory position, which was created to improve bank oversight after the ...

So Donald Trump takes office buoyed up by the hugely confident business sector. Its leaders have been quick not only to voice support but also to trim their policies to fit the new political wind in Washington. Several gave donations, and he has hired one, Elon Musk, to try to streamline the federal bureaucracy.

If successful, the former Bank of England governor would become Canada's interim prime minister ahead of the next general election

The Liberals need to elect a new leader before Parliament resumes March 24 because all three opposition parties say they will bring down the Liberal government in a no-confidence vote.

Fresh out of the gate from launching her Liberal leadership bid, Karina Gould suggested her two main opponents' backgrounds would do little to gain the favour of U.S. president-elect Donald Trump."I'm not sure that journalists and central bankers are the kind of people that Donald Trump listens to,

Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.