The person added that the cost-reduction process was “not a straight line” and that UBS could not shut down some legacy Credit Suisse systems until client migration is completed, which is expected by ...

The outstanding value of financing to companies linked to deforestation reached $8.9tn last year, with just three firms — JPMorgan Chase, BlackRock and Vanguard — accounting for more than $1.6tn of ...

eToro Group, which describes itself as the world’s first social investing platform, finally achieved its goal of becoming a public company in May this year, based on the thesis that increased retail ...

At the time of writing, Trump had levied an additional 25 per cent tariff on India for buying Russian oil, to come into effect on August 27. In response to the latest tariffs, India’s Ministry of ...

The hedges swap interest rate risk for a fixed margin, and mean banks have remained boosted by net interest margins, which is ...

Yue (Nina) Chen, who was appointed the OCC’s first chief climate risk officer in 2022 before resigning from her role earlier ...

You are unlikely to meet another Italian who speaks with such reverence for the Wimbledon tennis tournament and Oxford ...

The U-turn is also a boost for the Canary Wharf Group, which owns 13 of the 32 main office blocks in the financial district.

According to the FT’s sources, BBVA is now acting as one of a small group of independent custodians for Binance. The crypto ...

Some of the world’s biggest banks, including JPMorgan Chase and Royal Bank of Canada’s investment banking arm, are backing a ...

Australia’s ANZ and Japan’s Sumitomo Mitsui Banking Corporation, Mizuho and Mitsubishi UFJ Financial Group have been accused ...

The bank has also been downgraded by Fitch due to the ‘recent challenges’ presented by the motor finance episode ...