“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 ...

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 ...

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

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

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

Bank financing for fossil fuels fell 18 per cent to $870bn in 2023, according to BloombergNEF, which pushed up banks’ energy supply banking ratio — how much clean energy they finance versus fossil ...

Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with ...

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 ...

Founded in 2016, Kroo positions itself as a socially conscious bank, through which De Gottardo hopes to “change the banking industry for the best”. He joined the new lender as chief risk officer in ...

European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...

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 ...