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.

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, ...

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 ...

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 ...

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 ...

Some of the world’s biggest banks, including JPMorgan Chase and Royal Bank of Canada’s investment banking arm, are backing a ...

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

Here in the UK, bank analysts have been busy forecasting the impact of the Financial Conduct Authority’s plans to compensate consumers caught in the motor finance scandal. The regulator has said it ...

Barclays and HSBC’s NZBA exits are not procedural; they expose fundamental issues with banks’ climate commitments ...