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.

Analysts have widely interpreted the sale of TSB as an effort by Sabadell to strengthen its defence against BBVA’s €16.6bn hostile bid, which launched in May last year and was swiftly rejected by ...

Yue (Nina) Chen, who was appointed the OCC’s first chief climate risk officer in 2022 before resigning from her role earlier this year, tells The Banker the impact of climate risk on small to ...

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

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

The UK’s highest court has largely sided with lenders in a case that could have cost banks billions in redress ...

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 ...

The global M&A market is on track for a record year despite the impact of tariffs, recession and geopolitical instability. The total value of global deals in the first half of the year hit $2tn, a 16 ...

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

US Federal Reserve governor Michelle Bowman has signalled her support for three interest rate cuts this year, citing weakening labour market data as a justification for beginning reductions as soon as ...

Saudi lenders remain the dominant force within the banking industry in the Arab world, accounting for a third of Tier 1 capital for the region. The country now has five lenders in the region’s top 10, ...

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