The bank’s strong results reflect the impact of chief executive Slawomir Krupa’s strategic plan to simplify its businesses, ...

Nikhil Rathi, chief executive of the Financial Conduct Authority, is consulting on rethinking some of the “strictures laid out in legislation” to remove the certification of junior staff from the ...

He says the potential for growth in Asia makes restructuring east a “logical” move, adding that the shift would have also been heavily influenced by Ping An Bank, a key shareholder in HSBC, which has ...

Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to ...

Despite the turmoil, some European banks are boosting bonuses, with Deutsche Bank eyeing a 10 per cent increase for its investment bankers and Barclays planning a raise of up to 20 per cent after an ...

Italy’s Mediobanca has rejected Banca Monte dei Paschi di Siena’s takeover bid, deeming it “contrary to the interests of ...

The US Securities and Exchange Commission has overturned a Biden-era rule that made it costly for banks to hold digital ...

Dutch lender ING announced on Tuesday that it has agreed to sell its Russian operations to Moscow-based Global Development ...

With the increasing availability of skilled AI engineers and open-source frameworks, the cost of developing AI solutions has become significantly more affordable. As digital banking evolves, ...

HSBC is to shutter some investment banking offerings in Europe, the UK and the US, after a wider restructuring was announced last year. The group will wind down equity capital markets and advisory ...

William Vereker will leave his role as chair of the boards of Santander UK and Santander UK Group Holdings during the course of the year, the company announced on Tuesday.

Over the past two years the Italian government reduced its stake in MPS to 11.7 per cent, from 67 per cent. The pair were among the biggest buyers, with Delfin ranking as the second-largest ...