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 ...

President Donald Trump has criticised Goldman Sachs chief executive David Solomon, accusing the bank of wrongly forecasting ...

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

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

Bank of America’s headcount fluctuated, rising from 213,280 in 2015 to a peak of 216,033 in 2022, before slipping back to 213,963 in 2024. Headcounts at PNC and US Bancorp also fluctuated; however ...

“The role of the traditional bank today is to act as the bridge between digital and fiat currencies,” Salinas explains. “We connect with digital natives who need banking services, and we bring that ...

The top four banks hold on to the same positions, with HDFC Bank in first place for a second year thanks to an 11 per cent increase in Tier 1 capital to $57.68bn. State Bank of India comes second with ...

Fast and efficient payments infrastructure is essential for any economy that is highly reliant on tourism. Visitors want to be able to use their regular payment methods wherever they are and wherever ...

The EBA is also consulting on amendments to the ESG disclosure framework, simplifying requirements for small and medium banks to make it more proportionate. The consultation was launched on May 22, ...