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The Bank of England said on Wednesday it had fined payment systems firm Vocalink Limited 11.9 million pounds ($16.19 million) ...
The British central bank said it continued to see dangers from "geopolitical tensions, global fragmentation of trade and ...
The growing role of hedge funds in the UK bond market is raising the risk of destabilizing selloffs, the Bank of England said ...
The Bank of England has relaxed mortgage lending rules, allowing more high loan-to-income mortgages to support the government ...
City Editor Simon Hunt on the stories that caught his eye this week Andrew Bailey’s svelte profile has attracted much City ...
The future of the UK economy is weaker and more uncertain due to President Trump's tariffs and conflict in the Middle East, ...
For the first time, the Bank of England (BoE) is sanctioning a financial infrastructure firm for compliance failures.
Vocalink says it processes more than 90% of salaries, 70% of household bills, and 98% of state benefit payments in the UK.
A Mastercard subsidiary has been slapped with a £11.9m fine by the Bank of England after failing to respond to regulatory ...
Most British companies would withstand sharply higher tariffs even if their earnings fell 10 per cent and their borrowing costs surged, according to the Bank of England’s assessment of risks from US ...
The Bank of England fined Vocalink Ltd 11.9 million pounds for inadequate risk management and governance. Owned by Mastercard ...
The Bank warned that while bond markets had deteriorated, they could be in a worse position if President Trump followed through with tariffs.
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