The Banker19h
Trump return fuels optimism for financial deregulation; UK gov backs FOS complaint fees for claims management companies
US banks and private equity firms are gearing up for potential deregulation as Donald Trump returns for a second term as US president with a Republican-controlled Senate. As reported by the Financial ...
The Banker1d
What will a Trump-Vance administration look like?
The Trump-Vance administration will usher in a significant shift in federal financial regulatory policy. I should know: I ...
The Banker1d
Why are non-financial misconduct reports at banks on the rise?
In The Banker exchange’s final episode for 2024, Aliya Shibli sits down with Barbara Pianese, Farah Khalique and Antonia Mannweiler to discuss the results of the UK Financial Conduct Authority’s ...
The Banker1d
US bank stocks jump as Trump declares victory; UniCredit beats Q3 forecasts as profits slip at Commerzbank
UniCredit in September acquired a 9 per cent stake in Commerzbank, leading to speculation about a potential tie-up. The bank ...
The Banker1d
Crisis at the top? Promote the CRO
Promoting a CRO to chief executive also conveys to watchdogs that a troubled company wants to get back on track. Geary, the author of How to be a Chief Operating Officer, says it “sends a message to ...
The Banker2d
Vicious to virtuous: tackling the triple crisis
Those countries are facing a triple crisis. The economic and social impacts of climate change are becoming more frequent and more severe. The loss of nature and biodiversity are approaching dangerous ...
The Banker2d
Investors scale back bets on Trump victory; UniCredit completes Alpha Bank Romania acquisition
Italy’s UniCredit has closed its acquisition of a 90.1 per cent stake in Alpha Bank Romania from Greece’s Alpha International Holdings. The transaction, valued at approximately €255mn ($277.76mn), ...
The Banker2d
CIBC targets European public sector issuance
CIBC’s interest in Luxembourg’s public sector business grew from a desire to extend its long-standing sovereign, supranational and agency expertise to a broader set of clients in Europe and Asia. The ...
The Banker2d
All eyes are on the US election, but bankers still worry about Europe
Bettina Orlopp, Commerzbank CEO, speaks at the IIF during the annual meetings of the IMF and World Bank in Washington © Ting ...
The Banker3d
BNPL lender Affirm launches in the UK; Sabadell concludes €365mn Cerberus lawsuit
Spanish bank Sabadell concluded its €365mn lawsuit against US private equity group Cerberus on Monday in London’s High Court. As reported by the Financial Times, the case stems from Cerberus’s alleged ...
The Banker3d
African and Middle Eastern banks eye Ethiopian market entry
Ahead of the formal opening of its banking sector to foreign investors, Ethiopia awarded a mobile money licence last May to Kenyan mobile operator Safaricom, enabling it to launch its influential ...
The Banker6d
AI use could factor into stress tests, says BoE’s Breeden; JPMorgan settles five SEC enforcement cases for $151mn
JPMorgan has agreed to pay $151mn to settle five US Securities and Exchange Commission enforcement cases, including accusations that the bank made misleading disclosures to brokerage customers. The ...