The bank’s strong results reflect the impact of chief executive Slawomir Krupa’s strategic plan to simplify its businesses, ...

He says the potential for growth in Asia makes restructuring east a “logical” move, adding that the shift would have also been heavily influenced by Ping An Bank, a key shareholder in HSBC, which has ...

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 ...

It is clear Rachel Reeves is not a fan of regulation, or at least not of overregulation. During a speech in Oxfordshire last week, the UK chancellor told a room full of journalists and chief ...

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 ...

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

As US President Donald Trump’s shifting stance on tariffs threatens to create one of the biggest disruptions to global commerce in decades, experts say banks are finding unexpected opportunities from ...

Full-year profit hit a record €12.57bn for the third straight year, driven by strong growth in Santander’s retail operations in Spain and Brazil, which contributed to an 8 per cent rise in revenues.

Nikhil Rathi, chief executive of the Financial Conduct Authority, is consulting on rethinking some of the “strictures laid out in legislation” to remove the certification of junior staff from the ...

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

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 ...