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

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 ...

“Banks have an inherent incentive to reduce their projected losses in the adverse scenario and, in turn, influence their ...

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

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

European banks have begun the year by kicking off a sweeping round of job cuts as they struggle to boost profitability and keep pace with their US rivals, as reported by Bloomberg on Thursday. In ...

It is clear Rachel Reeves is not a fan of regulation, or at least not of overregulation. During a speech in Oxfordshire last week, the UK chancellor told a room full of journalists and chief ...

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

As US President Donald Trump’s shifting stance on tariffs threatens to create one of the biggest disruptions to global commerce in decades, experts say banks are finding unexpected opportunities from ...

Full-year profit hit a record €12.57bn for the third straight year, driven by strong growth in Santander’s retail operations in Spain and Brazil, which contributed to an 8 per cent rise in revenues.

The UK Financial Conduct Authority has said the next steps to progress open banking in the UK will include a new independent ...