News

The UK government will consult on mandating “credible” climate transition plans for UK banks and large companies to help transform the country’s financial services sector into a “global hub” for green ...
Regulators must move quickly to ensure stablecoins do not slip through the cracks of traditional oversight, said Standard Chartered’s chief financial officer, Diego De Giorgi.
European banks’ pre-tax profits could fall by up to 30 per cent on average due to corporate credit losses stemming from Trump ...
The Spanish government has imposed a three-year delay on BBVA’s ability to integrate operations with Banco Sabadell as a condition on its €14bn hostile takeover bid, in a move that could derail the ...
While reputational risk is no longer part of the Fed’s formal supervision, the regulator expects banks to continue managing all risks to their financial soundness, including those linked to public ...
UK-headquartered peer Barclays introduced a minimum three-day office attendance rule earlier this year. Wall Street lenders ...
The European Commission has published long-awaited proposals to boost the role banks play in the securitisations market to ...
Eduardo Savastano, a former Citigroup wealth management banker, is set to acquire around 90 per cent of Banco Masventas, a ...
The first AT1 bonds were issued by European banks in 2013. “Since then, issuance in Emea has ramped up to a cumulative ...
Like the factories of the Industrial Revolution that once powered the UK’s economic success, today the financial networks are ...
Santander UK is to outsource 67 roles from its financial crime team in the north-west of England to KPMG, which could result in a number of lay-offs. Impacted staff have been told the transfer to the ...
The European Commission is examining Italy’s sale of a 15 per cent stake in Monte dei Paschi di Siena last year, following allegations that large investors were deliberately excluded from the bidding ...