Since the issues surfaced in 2016, the bank has faced billions in fines and numerous regulatory penalties, many of which remain unresolved. However, the bank has made progress, closing six consent ...

For the first half of 2024, only 33 per cent of large US banks were rated “satisfactory” in all three categories, a decrease from the 55 per cent recorded in 2020, according to the institution’s ...

The Financial Conduct Authority alongside the Prudential Regulation Authority have said they want to make the current regime friendlier to senior bankers and propose making it easier and quicker for ...

The government of the Bahamas announced its first debt-for-nature swap last week, which will refinance $300mn of the country’s external commercial debt in return for the country improving ocean ...

This is the Tradeston campus, opened by Barclays in 2021 to be the bank’s latest global centre for “functions, technology and ...

The Financial Conduct Authority is finding it “challenging” to pull together a cost-benefit analysis of its controversial ...

The World Bank’s Ajay Banga talks to Silvia Pavoni about the need for concessional finance and special debt clauses for ...

The Basel III framework, introduced after the 2008 financial crisis, aims to ensure that banks have enough capital to cover ...

UK Chancellor Rachel Reeves and Bank of England governor Andrew Bailey have urged the UK to reforge trade links with the EU, ...

World Bank president Ajay Banga talks about market uncertainty, record debt levels and private sector investment ...

Spanish lender BBVA announced a series of commitments on Wednesday aimed at gaining antitrust approval from the country’s competition regulator the CNMC for its proposed hostile takeover of Banco ...

A tie-up with Banco BPM would give UniCredit a chance to strengthen its position in Italy, said De Carlo, where it currently derives half of its revenues. “UniCredit [doesn’t have] a strong franchise ...