Dutch lender ING announced on Tuesday that it has agreed to sell its Russian operations to Moscow-based Global Development ...
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 ...
Over the past two years the Italian government reduced its stake in MPS to 11.7 per cent, from 67 per cent. The pair were among the biggest buyers, with Delfin ranking as the second-largest ...
The UK will move to T+1 settlement for securities in October 2027 in line with similar moves by the EU and Switzerland, the body tasked with managing the transition confirmed on Monday, with the ...
The US Securities and Exchange Commission has overturned a Biden-era rule that made it costly for banks to hold digital ...
The fintech space has matured and grown enormously in recent years. There are now significant expectations of how the sector is ensuring that regulatory, partner and customer expectations are being ...
Nearshoring is poised to revolutionise Mexico's trade landscape, potentially adding $168 billion to its non-oil exports in the next five years, reshaping the nation's place in the global market. Share ...
The rollback of recent M&A review provisions is part of the expected changes that banking regulation will undergo as part of Trump’s deregulation drive. In the current US administration, bank M&A is ...
Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...
Large European banks’ current credit losses could roughly triple by 2045 in an adverse climate scenario, according to modelling by ratings agency Scope, with banks in southern Europe particularly ...