Currency markets experienced turbulence, with the Canadian dollar hitting its lowest level since 2003 and the Mexican peso sliding nearly 3 per cent. Trump imposed 25 per cent tariffs on imports from ...

Now, after years of global consensus over layering on the red tape, something has changed. The new US president is set to dismantle a range of regulatory measures to the delight of the already wildly ...

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 ...

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

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 ...

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 ...

2023’s ratio of 0.89:1 falls far short of the 4:1 necessary for 1.5C © ANDREW MARSZAL/AFP via Getty Images Bank financing for fossil fuels declined in 2023 ...

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 ...

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 ...