World Bank

A federal watchdog has warned that the Federal Reserve is exposed to security 'deficiencies', according to the Financial Times. The report flags weaknesses in the US central bank's security arrangements, raising concerns about the protection of sensitive systems and data at one of the world's most influential financial institutions.

Research from the Centre for Economic Policy Research argues that geopolitical risk is now directly influencing how banks lend around the world. According to the analysis, rising tensions between states are changing loan pricing, credit availability and cross-border lending decisions, meaning global finance is being restructured gradually through individual banking choices rather than through dramatic crises.