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 ...

“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 ...

Concerns are mounting about a likely increase in banking and financing litigation in the US this year, according to survey ...

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 ...

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

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

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

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 ...