To solve these issues, finance ministers and their macroeconomic advisers, including the IMF, need to take charge and prioritise the very investments that could safeguard their economies. Otherwise, ...

Swiss financial regulator Finma has ordered UBS to strengthen its emergency planning following its takeover of Credit Suisse last year, to ensure the bank can be wound down or sold without risking ...

TD Bank is expecting its pre-tax net interest income to fall by up to $225mn in the 2025 fiscal year, after it became the ...

Asian financial institutions’ slow adoption of Legal Entity Identifiers could leave them at risk of paying higher transaction ...

Singaporean financial services providers are “falling short” of their responsibilities to mitigate money-laundering risks and ...

Starling’s growth in particular was substantial — its revenue rose from £13,000 in 2016 to £453mn in 2023, according to the ...

UniCredit was financial adviser to TIM, with a focus on determining the post-deal capital structure. The KKR-sponsored transaction to acquire NetCo required financing of €10.5bn, underwritten by 11 ...

Despite reporting declines in year-on-year profits — JPMorgan’s net income dropped 2 per cent to $12.9bn and Wells Fargo’s fell 11 per cent to $5.1bn — both banks exceeded analysts’ forecasts, which ...

SVB and last year’s other bank failures put renewed focus on bank funding concentration and uninsured deposits ...

HSBC chief executive Georges Elhedery is planning significant cost-cutting measures that could save up to $300mn by reducing the bank’s top management layers, the Financial Times reported on Thursday.

Global banks are experimenting with generative artificial intelligence tools to tackle intractable legacy issues that their workforce is either unable or reluctant to address, or that works out ...

Bitcoin Suisse, the Swiss crypto-financial services provider for high-net-worth individuals and institutional investors, has had a busy 2024. It celebrated its 11th anniversary and changed its senior ...