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Luxembourg ranks 5th among financial literacy survey participants

August 15, 2024

Every three years, the OECD International Network on Financial Education (OECD/INFE) conducts an international study that explores different elements of financial literacy, such as financial knowledge, financial behaviours and financial attitudes. Thirty-nine states participated in the latest edition of...

Switzerland to amend banking rules to become fintech-friendly

August 15, 2024

Switzerland’s Federal Council has issued a consultation paper on amendments required to its Banking Act and Banking Ordinance, to create an environment that helps fintech start-ups thrive in the country. The amendments aim to regulate fintech and other firms which...

Europe leaps while US lags in new Green Central Banking Scorecard

August 12, 2024

Several of Europe’s central banks have made major progress in using the tools at their disposal to address the climate crisis, according to the new Green Central Banking Scorecard, but the US continues to languish near the bottom of the...

European banking industry braces for tougher competition under Trump 2.0

August 12, 2024

European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a new era of financial deregulation under a second Donald Trump presidency. Lenders in the euro zone and Britain have...