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 ...
The markets have spoken: Donald Trump’s return to the White House is a boon for Wall Street. Bank stocks are on a seemingly one-way upward trajectory, buoyed by the promise of lower corporate taxes ...
This is the Tradeston campus, opened by Barclays in 2021 to be the bank’s latest global centre for “functions, technology and ...
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 ...
Larger US banks are most likely to be positively impacted by the expected general deregulatory environment under a second Trump administration, with consolidation in the sector expected to accelerate.
The most favourable scenario from Trump’s point of view is likely to be that Gensler resigns in the near future, as his tenure ends only in 2026. Trump would then be able to immediately appoint an ...
Under this scenario, banks’ financial losses totalled €630bn, an increase of almost 90 per cent on losses (€343bn) under the baseline scenario. The baseline stress scenario saw the EU’s Fit-for-55 ...
Slavinskiy adds that Mizuho is now playing in the top league for pitches for strategic business and looking to recruit the best people, from analysts to managing directors. “We will probably become a ...
A lower-interest-rate environment and the promise of lighter regulatory oversight from Trump’s incoming administration are leading bankers to believe that mergers and acquisitions activity will pick ...
Santander UK has provisioned £295mn to address potential costs stemming from an industry-wide investigation into car finance commissions, following an October Court of Appeal ruling that deemed it ...
The International Development Association remains an effective way to help address the significant challenges facing low-income countries ...
The US sanctions coincide with the expiration on January 1 of contracts for Russian gas transiting through Ukraine to European countries, including Slovakia and the Czech Republic. Treasury secretary ...