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 ...
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 ...
Fewer enforcement actions might be brought against US banks in the coming years as the new Trump administration seeks ...
“In the past, banking has been fairly complicated,” he explains. “GenAI is going to be a ‘game changer’, as it gives us the ...
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 ...
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 ...
Thierry Hebraud, MCB’s CEO, talks to The Banker’s senior editor John Everington about the outlook for trade under a Trump ...
The government has been NatWest’s largest shareholder since the financial crisis as a consequence of its £46bn bailout, when ...
Arab Bank has regained its title as Bank of the Year for Jordan for 2024. The country’s largest lender — and the judges’ ...
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 ...
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 CEOs of Zagrebačka Banka and UniCredit Bosnia & Herzegovina talk to senior editor John Everington about their digital ...