The US sanctions coincide with the expiration on January 1 of contracts for Russian gas transiting through Ukraine to European countries, including Slovakia and the Czech Republic. Treasury secretary ...

Banking giants are transforming Glasgow and Edinburgh into global financial hubs for tech, AI and green finance ...

Slavinskiy adds that Mizuho is now playing in the top league for pitches for strategic business and looking to recruit the best people, from analysts to managing directors. “We will probably become a ...

The most favourable scenario from Trump’s point of view is likely to be that Gensler resigns in the near future, as his tenure ends only in 2026. Trump would then be able to immediately appoint an ...

The Financial Conduct Authority is finding it “challenging” to pull together a cost-benefit analysis of its controversial ...

Spanish lender BBVA announced a series of commitments on Wednesday aimed at gaining antitrust approval from the country’s competition regulator the CNMC for its proposed hostile takeover of Banco ...

A Trump-Vance administration, under a new secretary, would likely return to an activities-based analysis, looking for market ...

Under this scenario, banks’ financial losses totalled more than €630bn, an increase of almost 90 per cent on losses (€343bn) under the baseline scenario. The baseline stress scenario saw the EU’s ...

The Basel III framework, introduced after the 2008 financial crisis, aims to ensure that banks have enough capital to cover ...

UK Chancellor Rachel Reeves and Bank of England governor Andrew Bailey have urged the UK to reforge trade links with the EU, ...

Larger US banks are most likely to be positively impacted by the expected general deregulatory environment under a second Trump administration, with consolidation in the sector expected to accelerate.

UBS is considering applying for a US banking licence under the supervision of the Office of the Comptroller of the Currency.