The European Commission is examining Italy’s sale of a 15 per cent stake in Monte dei Paschi di Siena last year, following allegations that large investors were deliberately excluded from the bidding ...

While reputational risk is no longer part of the Fed’s formal supervision, the regulator expects banks to continue managing all risks to their financial soundness, including those linked to public ...

Santander UK is to outsource 67 roles from its financial crime team in the north-west of England to KPMG, which could result in a number of lay-offs. Impacted staff have been told the transfer to the ...

The Bank for International Settlements has warned that stablecoins fail to meet the criteria for sound money and are unlikely to play a central role in the financial system of the future, amid rising ...

Private credit faces mounting pressure to become more transparent as it seeks to attract new investors.

Countries are integrating climate priorities into budgets, aligning spending with the Sustainable Development Goals, developing pipelines of investable projects, and creating conditions to attract ...

Like the factories of the Industrial Revolution that once powered the UK’s economic success, today the financial networks are ...

UK-headquartered peer Barclays introduced a minimum three-day office attendance rule earlier this year. Wall Street lenders ...

The first AT1 bonds were issued by European banks in 2013. “Since then, issuance in Emea has ramped up to a cumulative ...

The European Commission has published long-awaited proposals to boost the role banks play in the securitisations market to ...

Eduardo Savastano, a former Citigroup wealth management banker, is set to acquire around 90 per cent of Banco Masventas, a ...

Gilinski, who owns 52.87 per cent of Metro Bank through his Spaldy Investments vehicle, has been exploring his options following a rebound in the bank’s share price, the sources said. He became Metro ...