Close Brothers has paused all motor finance lending, while Lloyds Banking Group, which owns the UK’s largest car finance ...

Project mBridge is a blockchain-based payments ledger, which is designed to support real-time, cross-border payments and ...

US banks and private equity firms are gearing up for potential deregulation as Donald Trump returns for a second term as US ...

Italy’s UniCredit has closed its acquisition of a 90.1 per cent stake in Alpha Bank Romania from Greece’s Alpha International ...

Santander included the results of its UK unit in the group earnings. Net profit in the UK fell 18.6 per cent year on year in ...

Taken as a whole, the 240 banks represented in The Banker’s Top Islamic Financial Institutions for 2024 registered a 9 per cent increase in sharia-compliant assets for 2023, compared with 5.4 per cent ...

In July, Congress approved a new Fiscal Responsibility Law to formalise the country’s medium-term fiscal framework. This imposes a debt-to-GDP ratio ceiling of 40 per cent for general government debt, ...

The biennial appointment cycle saw the inclusion of 26 women, making up 27 per cent of the new partners, a slight decline from the 29 per cent share in 2022. Of the new partners, 69 per cent were in ...

Overall stricter IRRBB requirements in the EU are putting European banks in a better position to withstand interest rate risks than their US peers, according to experts. Some believe banks will be ...

UniCredit in September acquired a 9 per cent stake in Commerzbank, leading to speculation about a potential tie-up. The bank has since requested approval to increase its stake in the German lender to ...

The region has seen bright banking spots despite strong inflation, subdued global trade and the impact of tighter monetary policies aimed at curbing inflation ...

Promoting a CRO to chief executive also conveys to watchdogs that a troubled company wants to get back on track. Geary, the author of How to be a Chief Operating Officer, says it “sends a message to ...