Donald Trump’s executive order in February calling for a plan to establish a US sovereign wealth fund was short on details ...

Overall, digital channels accounted for 66 per cent of the bank’s new client acquisition in 2024. Mobile penetration across this user base has hit 75 per cent, while monthly logins and transaction ...

Piraeus Bank has transformed risk intelligence from a compliance obligation into a strategic enabler. Within the past year, the Greek lender delivered major advancements across credit risk, compliance ...

Positioning itself as “a digital bank with branches”, Banorte has focussed its strategy on a customer-centric approach with high degree of personalisation, fast implementation of innovative ideas, ...

Italy is standing by the conditions it set for UniCredit’s €14bn takeover bid for Banco BPM, as the government prepares to ...

The IFC — the World Bank’s private-sector lending arm — said a report from coalition group Stop Financing Factory Farming is ...

HSBC is to partner with the European Bank of Reconstruction and Development in a new initiative designed to mobilise more private capital to close the £2.4tn-a-year global climate and nature ...

The bank appointed Christopher Horne, the former UK boss of Credit Suisse, as a replacement CEO for Watson at the end of January. “This is a unique opportunity to redefine what a bank can be — ...

The conviction of community banker Shan Hanes in August 2024 raised the issue of adequate internal controls. The former CEO of Heartland Tri-State Bank was convicted of embezzlement after collapsing ...

Even is not alone in that role, he says, “because it would be too complex”. BNP Paribas has around 50 CDOs across the group, spanning various regionally and locally focused roles, such as in Asia ...

Nearly 20 per cent of all UK consumers and businesses are now using open banking, up from almost 6 per cent in March 2021, with consumer adoption reaching almost the same level as that of small ...

UK chancellor Rachel Reeves praised the “power and strength” of the City of London in keeping Ukraine’s economy functioning during wartime by developing innovative financing and insurance products to ...