The Bank of Korea announced measures on Wednesday to stabilise the country’s financial and foreign exchange markets on ...
The chief executive of CaixaBank has criticised Spain’s banking levy as a “counter-productive” measure that places the country’s banks at a disadvantage to both local non-bank financial institutions ...
Editor-in-chief Silvia Pavoni i HM Queen Máxima of the Netherlands at the Global Banking Summit in London on December 3 ...
With many smaller US banks now “too small to succeed”, banking consolidation is expected to continue apace in the coming years, with the number of regional lenders set to decrease from around 4,500 to ...
Uncertainty over the outcome of the car finance probe is causing the UK an “investability problem”, the chief executive of Lloyds Banking Group has said.
The potential rollback of the Basel Endgame capital requirements in the US could catalyse a “race to the bottom” in banking regulation, said Michael J. Hsu, acting US Comptroller of the Currency, at ...
The chief executive of Revolut has said an IPO in the UK is “not rational” and London cannot compete with the US market, in a further blow to the UK’s declining fortunes against the US. Nikolay ...
Senior bankers have warned that AI development in banking must prioritise customer needs over competitive distractions, emphasising that innovation without value creation risks wasting resources and ...
To assist the government in meeting its energy targets, Indonesia needs to create an additional 100 gigawatts of power by ...
The changes were made two years after the conclusion of a review by Sir Keith Skeoch, which highlighted that though the ringfencing regime is worth retaining, its benefit will likely “diminish with ...
Under Tucker’s tenure, HSBC achieved record profits, navigated the Covid-19 pandemic, and resisted a shareholder push for a breakup. He oversaw key changes in leadership, including the controversial ...
Citi in May last year abandoned a $7bn sale of Banamex to Grupo México, opting for an IPO after negotiations stalled. Banamex, which serves 20mn clients via 1,300 branches, is expected to list by 2025 ...