The Banker7h
Banking stocks lower on hawkish Fed outlook; Germany rebukes UniCredit’s Commerzbank stake hike
Shares in JPMorgan and Bank of America both fell 3.4 per cent on Wednesday, with Goldman Sachs lower by 4.3 per cent. The Dow Jones Industrial Average closed 2.58 per cent lower for the day. Shares in ...
The Banker17h
Banks in Europe could fall short as Dora deadline looms
Banks are struggling to reach full compliance with the EU’s Digital Operational Resilience Act by the January 2025 deadline, those working with banks’ operational resiliency have warned, in spite of ...
The Banker17h
How London is defining the post-pandemic office
March 2025 will mark five years since the Covid-19 pandemic reshaped the way we work. Decades of commuting, office culture and traditional working patterns seemed set to end — but for banks and ...
The Banker17h
European banks could fall short as Dora deadline looms
Banks are struggling to reach full compliance with the EU’s Digital Operational Resilience Act by the January 2025 deadline, those working with banks’ operational resiliency have warned, in spite of ...
The Banker1d
UniCredit ups Commerzbank stake to 28%; FSB calls for better non-bank risk controls
UniCredit in a statement said that the move was in line with its ambition to raise its stake in Commerzbank to 29.9 per cent. The formal process to gain approval from the ECB for the increase in its ...
The Banker1d
PAPSS paves the way for intra-African trade efficiency
To date, the most active payment corridors on PAPSS are in west Africa, according to Afreximbank, where the scheme was first rolled out. The corridor between Ghana, the network’s original launch ...
The Banker2d
Diamond sees opportunity in predicted wave of US bank mergers
There are strong banks in the $25bn to $50bn [worth of assets] area — well below $100bn, which is the next big trigger [in terms of regulatory requirements] — that could benefit from synergies because ...
The Banker2d
ECB imposes capital charges on 13 banks; Indian banking liquidity deficit hits six-month high
This “add-on” to the banks’ leverage ratio requirement, which measures a bank’s core capital as a percentage of its total assets, was applied to more than twice as many banks as last year and was ...
The Banker2d
How regulatory enforcement might change under Trump
Fewer enforcement actions might be brought against US banks in the coming years as the new Trump administration seeks ...
The Banker3d
GenAI is a ‘game changer’ for DBS, says chief data officer
“In the past, banking has been fairly complicated,” he explains. “GenAI is going to be a ‘game changer’, as it gives us the ...
The Banker3d
Europe’s banks gear up for a wave of consolidation in 2025
2024 was one of the strongest years for bank mergers involving a European target in the past 10 years, according to Dealogic data. It saw the biggest deal volumes by value ($31.3bn year to date) from ...