Shares in JPMorgan and Bank of America both fell 3.4 per cent on Wednesday, with Goldman Sachs lower by 4.3 per cent. The Dow ...
“In the past, banking has been fairly complicated,” he explains. “GenAI is going to be a ‘game changer’, as it gives us the ...
To date, the most active payment corridors on PAPSS are in west Africa, according to Afreximbank, where the scheme was first ...
A committee was formed in June 2023, three months after Credit Suisse’s collapse, to probe the official response to the ...
The economic axis between China and the Gulf Cooperation Council nations is strengthening, with trade volumes projected to ...
Banks are struggling to reach full compliance with the EU’s Digital Operational Resilience Act by the January 2025 deadline, ...
The US is a clear winner, with businessman Donald Trump moving back into the White House on January 20. A deregulatory ...
There are strong banks in the $25bn to $50bn [worth of assets] area — well below $100bn, which is the next big trigger [in terms of regulatory requirements] — that could benefit from synergies because ...
Fewer enforcement actions might be brought against US banks in the coming years as the new Trump administration seeks leadership change at regulators, and recent judicial decisions contain financial ...
The government has been NatWest’s largest shareholder since the financial crisis as a consequence of its £46bn bailout, when ...
2024 was one of the strongest years for bank mergers involving a European target in the past 10 years, according to Dealogic data. It saw the biggest deal volumes by value ($31.3bn year to date) from ...
BPM has €64bn in assets under management. Combined with Anima, Italy’s largest independent asset manager, the new entity would hold €217bn under management, compared with UniCredit’s €214bn, according ...