Jes Staley is perhaps the most prominent name in banking to appear within the files. Staley, who resigned as CEO of Barclays ...
Directly related to banking, but not Epstein, another story that involved the legal system also appeared on Thursday: a former Commerzbank analyst’s conviction was upheld after the courts found he had ...
A recurring theme was the extent to which risk and control functions are still approaching AI rollout cautiously. Participants said this can slow deployment pipelines, reflecting both the scarcity of ...
“A larger, consolidated bank would give you greater leverage and scale. It would strengthen the ability to expand regionally ...
“An eight-month custodial sentence is a serious outcome in contempt proceedings, which are often punished by a fine. It ...
Rumours had circulated for months that a number of high street banks were lining up to take over Evelyn Partners, one of the ...
The consultancy paints a bleak picture for the future wealth and asset management revenue streams of incumbent banks ...
Mediobanca will be folded into MPS group, with a new unlisted vehicle housing private and investment banking under the ...
Barclays has suffered the biggest net loss of retail customers over the past five years as a result of UK current account ...
According to the ESRB report, NBFIs provide roughly 15 per cent of euro area banks’ balance-sheet funding, much of it ...
The current UK regime is largely derived from the EU Securitisation Regulation introduced in 2017, part of a post-financial crisis tightening of global standards. While regulators have since made ...
The move mirrors similar initiatives by BofA’s rivals. JPMorgan last year said it would set aside $50bn from its own balance ...