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Banks

  • Thursday, 20 June, 2024
    NatWest Group
    NatWest to buy most of Sainsbury’s Bank

    Deal by state-backed lender’s new chief is latest sign of supermarket sector’s retreat from financial services

    2 hours ago
    People walk past a Natwest Bank branch in central London
  • Thursday, 20 June, 2024
    Private credit
    Carlyle and KKR vie for Discover’s $10bn portfolio of US student loans

    Deal would feed growing appetite for credit as bidders expand beyond their private equity roots

    US college graduation
  • Thursday, 20 June, 2024
    Deutsche Bank AG
    Deutsche’s private bank cuts spending on external consultants by 70%

    German lender needs to rely on its own expertise, says division’s new boss Claudio de Sanctis

    A man stands in front of a Deutsche Bank branch in Spain
  • Wednesday, 19 June, 2024
    Bank bonuses
    JPMorgan follows Goldman in lifting UK bonus cap

    Employees of Wall Street bank’s British operations will now be able to earn up to 10-times base salary

    A man walks into the JP Morgan headquarters at Canary Wharf in London
  • Wednesday, 19 June, 2024
    Starling Bank Ltd
    Starling steps up legal action against debtors amid defaults and FCA probe

    About 90% of fintech’s outstanding SME loans are guaranteed by UK government

    A Starling Bank advers
  • Wednesday, 19 June, 2024
    Israel-Hamas war
    Armed gangs stage bank heists in Gaza

    Lenders robbed at gunpoint lose $120mn as Palestinians queue for days to rescue their own cash

    Montage showing an armoured vehicle, Palestine flag, new shekels money and a Bank of Palestine letterhead
  • Wednesday, 19 June, 2024
    NatWest Group
    NatWest to close Polish operations

    Majority of staff in the country are employed in the UK bank’s financial crime unit

    The bank’s logo and name are seen on top of a roof
  • Tuesday, 18 June, 2024
    UBS Group AG
    Switzerland could lose wealth crown to Hong Kong, UBS chief warns

    Sergio Ermotti says banks must compete internationally as debate rages over direction of country’s financial reforms

    Sergio Ermotti
  • Tuesday, 18 June, 2024
    HSBC Holdings PLC
    Swiss regulator finds HSBC violated money laundering rules

    Finma bans bank’s Swiss subsidiary from taking on prominent public figures as clients

    The Swiss offices of HSBC Private Bank in Geneva
  • Tuesday, 18 June, 2024
    Chris Giles on Central Banks
    How to understand central bank QE losses Premium content

    They are real, whether countries choose to pay upfront or brush them under a giant rug

    Montage of central bank buildings
  • Tuesday, 18 June, 2024
    EU financial regulation
    EU to delay Basel bank trading reforms as US revisits plans

    Mairead McGuinness says one-year deferral of market risk rules will preserve “level playing field”

    Mairead McGuinness
  • Tuesday, 18 June, 2024
    LexEuropean banks
    Contagion risks scare off investors in French banks Premium content

    The major Eurozone economy has been mired in political turmoil

    French President Emmanuel Macron at the Élysée Palace
  • Tuesday, 18 June, 2024
    Atom Bank
    Four-day week easier than hybrid working, Atom Bank chief says

    UK digital bank has experienced lower staff attrition and sickness since making change in 2021

    London commuters
  • Monday, 17 June, 2024
    Alisher Usmanov
    Russian billionaire Usmanov sues UBS over German probe

    Lawyers for sanctions-hit tycoon accuse Swiss bank of triggering investigation

    Alisher Usmanov and Vladimir Putin in Moscow in 2018
  • Monday, 17 June, 2024
    Moral Money
    Canada’s long road ahead to a cleaner energy mix Premium content

    Unprecedented parliamentary summons for bank executives reflects growing political heat around fossil fuels

    A house in the foreground, with smoke and flames from a forest fire in the distance
  • Monday, 17 June, 2024
    UBS Group AG
    UBS offers to repay 90% to clients hit by Greensill implosion

    Swiss lender seeks to resolve dispute linked to Credit Suisse and its supply chain funds

    A silhouetted person with an umbrella walks past the lit-up advertisement
  • Monday, 17 June, 2024
    European banks
    Deutsche Bank counting on investment bank hiring spree to pay off

    German lender has aggressively expanded parts of its investment bank over past 18 months

    A logo of a branch of Germany’s Deutsche Bank
  • Monday, 17 June, 2024
    Inside BusinessSujeet Indap
    Pressure mounts on senior bankers as discontent in junior ranks simmers

    It is not only junior staffers that are feeling the burden of rising workloads and demands amid intense competition

    A pedestrian walks past the New York Stock Exchange in New York
  • Saturday, 15 June, 2024
    US banks
    Bank of New York rebranding cuts ties to a fading Wall Street era

    Mellon joins other Gilded Age names in NY’s dustbin as lender tries out a new identity

    People outside the Bank of New York Mellon building
  • Thursday, 13 June, 2024
    Working from home
    Wells Fargo fires workers for ‘simulating’ being at their keyboards

    Accusation that bank staff tried to fool managers is latest sign of crackdown on hybrid work

    People use Wells Fargo cash machines
  • Thursday, 13 June, 2024
    JPMorgan Chase & Co
    UK judge brings end to JPMorgan’s dispute with Greek fintech founder

    Bank and Haris Karonis had taken action against each other over their shared ownership of payments business Viva Wallet

    People walk inside JP Morgan headquarters in New York
  • Thursday, 13 June, 2024
    Markets InsightBarnabas Reynolds
    Banks need to get more granular on risk

    Advances in technology mean institutions can and should gain a fuller picture of where cash flow problems might lie

    Customers in line outside Silicon Valley Bank headquarters in Santa Clara
  • Thursday, 13 June, 2024
    Capital markets
    European CLO issuance hits record rate as investors chase yields

    Launches of vehicles that scoop up risky loans top €22bn in first five months of the year

    Logos of Barclays, Bank of America, Morgan Stanley and Deutsche Bank
  • Thursday, 13 June, 2024
    Segantii Capital Management
    Segantii bet against Canada Goose after call with Morgan Stanley

    US prosecutor examined conversation during investigation of Wall Street bank

    Actor Daniel Craig wearing a Canada Goose coat in the film ‘Spectre’
  • Wednesday, 12 June, 2024
    LexFintech
    Neobank Starling has tricky path to chart to a tech listing Premium content

    Nubank, listed in New York and worth $45bn, demonstrates the potential power of technology on overhead

    Starling bank logo on a mobile phone
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