A tie-up with Banco BPM would give UniCredit a chance to strengthen its position in Italy, said De Carlo, where it currently derives half of its revenues. “UniCredit [doesn’t have] a strong franchise ...

The markets have spoken: Donald Trump’s return to the White House is a boon for Wall Street. Bank stocks are on a seemingly one-way upward trajectory, buoyed by the promise of lower corporate taxes ...

This is the Tradeston campus, opened by Barclays in 2021 to be the bank’s latest global centre for “functions, technology and ...

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

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

World Bank president Ajay Banga talks about market uncertainty, record debt levels and private sector investment ...

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

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 ...

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

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 ...

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.

Recently, UK engineering group Arup was tricked into transferring $25mn to fraudsters who used a digitally cloned, or deepfake, version of a senior manager during a video conference in Hong Kong. This ...