Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.

Financial regulators from the UK, Singapore, Switzerland and Japan are collaborating on a new project to explore fund and asset tokenisation use cases and decentralised finance.

TBC Bank aims to expand its microlending business and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.

Chime has been reported to be aiming to go public in 2025, with Morgan Stanley to lead its initial public offering (IPO).

The Intercontinental Exchange has been hit with a $10 million penalty for the failure of its subsidiaries – including Nyse – to quickly report a cyber intrusion to the Securities and Exchange Commission.

Digital asset trading technology firm Crossover Markets has raised $12 million in a Series A funding round led by Illuminate Financial and DRW Venture Capital.

Google is giving its financial data, news and analytics service an artificial intelligence makeover.

UK energy regulator Ofgem has fined Morgan Stanley £5.41 million over the use by traders of WhatsApp messages on private phones to discuss market transactions.

Visa Europe has signed a deal to relocate its headquarters to Canary Wharf, leasing several floors at the iconic One Canada Square building.

Coinbase has acquired crypto investment platform Echo for around $375 million in cash and stock.

The UK’s retail trading platform market has become more crowded following the launch of two separate US ventures.

In two expert panels at IFGS 2025, speakers considered how geopolitical tensions are impacting the global fintech industry, and strategised how the UK can lead the space.

ANZ is the latest bank to join the Monetary Authority of Singapore’s multi-year Project Guardian initiative to explore asset tokenisation applications.

High street banks in the UK have seen their profits drop in 2024 as customers opt for alternative lenders and online banks offering both higher savings rates and more digital services.

A coalition of global finance trade associations has called on the Basel Committee on Banking Supervision (BCBS) to make changes to its “excessively conservative and overly punitive” upcoming Cryptoasset Exposures Standard.