In 2026, banks face converging pressure from AI, fraud, and data demands. Why hesitation is a competitive risk—and what ...

LONDON (Reuters) -UBS's auditors have expressed an "adverse opinion" on the bank's internal controls over its financial reporting for 2024 after it failed to resolve issues related to misstatements ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...

U.K. financial regulators hit British digital lender Starling Bank with a £29 million ($38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, ...

The price of New York Community Bank stock fell 20% in after-hours trading Thursday following a disclosure from the bank about its internal risk management practices, a leadership shake-up and new ...

\xa0Banks are the lifeblood of any economy, managing vast sums of money, facilitating the transfer of funds between savers and borrowers, investment, and driving economic growth. But in recent years, ...

Who owns bank customers' data? It's a murky legal question, and answering it will determine the relationship between banks and fintechs in a future of open banking, writes Gene Ludwig. Whose data is ...

New York Community Bancorp Inc (NYSE:NYCB) shares are tumbling in after-hours trading Thursday after the company identified material weakness in internal controls and announced a leadership transition ...