Blog
Auditors to investigate cause of ECB payments system outage
The European Central Bank (ECB) is employing an auditing firm to investigate the cause of a major outage of its payment system.
March 20, 2025
The European Central Bank (ECB) is employing an auditing firm to investigate the cause of a major outage of its payment system.
Donald Trump’s re-election has had a profound effect on global markets, reshaping corporate priorities, regulatory landscapes and international trade. In our latest free report, we take a look at his influence, from the rapid abandonment of Diversity, Equity, and Inclusion (DEI) initiatives by major US firms, to the downplaying of climate change and ESG concerns, aggressive tariff policies and a sweeping rollback of regulatory oversight.
Two former Credit Suisse managing directors have been banned from the UK financial services industry for their involvement in the so-called Tuna Bonds scandal.
Nationwide, First Direct, Lloyds, Halifax and TSB have all experienced problems with customers being able to access online banking services this morning, including making payments.
HSBC has back peddled on its carbon emissions targets, sparking backlash from environmental campaigners.
Recent developments at the US Consumer Financial Protection Bureau (CFPB) have left financial firms reeling as they await news on what comes next for the regulator.
JPMorgan CEO Jame Dimon has once again expressed his views against remote working as he continues to push for all staff to be in the office five days a week.
Welcome to the annual RiskBusiness Key Business Concerns Report, 2025. Each year, we analyse the industry’s risk surveys and news to identify some of the most pressing issues impacting financial institutions in the year ahead. This year sees us facing many of the same challenges as recent years, including the rapid growth of technology powered by artificial intelligence, escalating armed conflict and growing uncertainty around regulatory obligations in a world that has taken a sharp turn towards a pro-business approach to oversight. As always, the key business concerns laid out in this report are done so in no particular order, but comprise the issues most highlighted across key industry surveys and in the media.
The European Banking Authority (EBA) has launched its 2025 EU-wide stress test and released the macroeconomic scenarios it will use for the exercise.
The UK’s Prudential Regulation Authority (PRA) and Treasury Department have announced a decision to delay the implementation of Basel 3.1 in the UK by one year, until 1st January 2027.
