Banks Share Private Information to Snag Debt Trades, Study Says
Global banks appear to be giving top clients private information to win corporate-bond trading business, according to a new ...
Banks Want US Consumer Regulator Back to Undo Rules They Loathe
Financial companies were rarely shy about their issues with the Consumer Financial Protection Bureau. But a largely shuttered ...
BlackRock’s Rieder Snaps Up European Stocks on Spending Jump
BlackRock Inc.’s Rick Rieder is investing more in European equities as he expects the region’s industries to benefit from an ...
In the City: Trump May Be Great News for European Banks
Join Bloomberg’s Francine Lacqua, Dave Merritt and Allegra Stratton every Thursday as they uncover the best stories and speak ...
ECB’s Escriva Sees ‘Very Significant’ Risks to Baseline Scenario
The European Central Bank’s assumptions for inflation and economic growth face big risks in each direction, according to ...
JPMorgan Employee Lawsuit Says Bank Overpaid for Prescription Drugs
JPMorgan Chase & Co. was sued by employees who say the company’s prescription drug plan, run by CVS Health Corp., agreed to pay exorbitant prices for medications, driving up expenses for workers.
Nordea Bank Buys Carbon Removal Credits in Bid to Scale Market
Nordea Bank Abp has agreed to buy at least 68,000 credits from a project that will capture carbon dioxide and bury it under ...
Europe’s Banks Post Another Record Year as Profit Peak Nears
The European Union’s largest banks managed to post another record year for profit as interest rates remain elevated and ...
ECB Official Urges Fewer Rules Hindering Banks in Rare Support
Authorities across the European Union need to help banks become more competitive by lightening their regulatory burden, a ...
New Rules Squeeze Banks’ Capital as Brazil Delinquencies Spike
New regulations are taking a bite out of Brazilian banks’ equity capital, crimping their ability to loan money at a time when ...
German Banks Face Shrinking Returns in Short Term, Study Says
Germany’s banks face shrinking returns in the next two years as revenues fall and costs rise, according to a study by ...
Bank of England Hands Staff Inflation-Matching 3% Pay Raise
The Bank of England will hand its staff an inflation-matching 3% pay rise in 2025-26, an award that may disappoint some ...