It has been a year of consolidation for Creand Crèdit Andorrà, following the 2022 completion of its acquisition of private bank Vall Banc, and its July 2023 acquisition of GBS Finanzas Investcapital, ...
Uncertainty over the outcome of the car finance probe is causing the UK an “investability problem”, the chief executive of Lloyds Banking Group has said.
The chief executive of CaixaBank has criticised Spain’s banking levy as a “counter-productive” measure that places the country’s banks at a disadvantage to both local non-bank financial institutions ...
With many smaller US banks now “too small to succeed”, banking consolidation is expected to continue apace in the coming years, with the number of regional lenders set to decrease from around 4,500 to ...
The potential rollback of the Basel Endgame capital requirements in the US could catalyse a “race to the bottom” in banking regulation, said Michael J. Hsu, acting US Comptroller of the Currency, at ...
The chief executive of Revolut has said an IPO in the UK is “not rational” and London cannot compete with the US market, in a further blow to the UK’s declining fortunes against the US. Nikolay ...
Senior bankers have warned that AI development in banking must prioritise customer needs over competitive distractions, emphasising that innovation without value creation risks wasting resources and ...
Under Tucker’s tenure, HSBC achieved record profits, navigated the Covid-19 pandemic, and resisted a shareholder push for a breakup. He oversaw key changes in leadership, including the controversial ...