The Banker2d
How a car finance ruling is affecting UK banks
Close Brothers has paused all motor finance lending, while Lloyds Banking Group, which owns the UK’s largest car finance ...
The Banker3d
Trump return fuels optimism for financial deregulation; UK gov backs FOS complaint fees for claims management companies
US banks and private equity firms are gearing up for potential deregulation as Donald Trump returns for a second term as US ...
The Banker4d
What will a Trump-Vance administration look like?
The Trump-Vance administration will usher in a significant shift in federal financial regulatory policy. I should know: I ...
The Banker4d
US bank stocks jump as Trump declares victory; UniCredit beats Q3 forecasts as profits slip at Commerzbank
UniCredit in September acquired a 9 per cent stake in Commerzbank, leading to speculation about a potential tie-up. The bank ...
The Banker5d
Investors scale back bets on Trump victory; UniCredit completes Alpha Bank Romania acquisition
Italy’s UniCredit has closed its acquisition of a 90.1 per cent stake in Alpha Bank Romania from Greece’s Alpha International ...
The Banker2d
‘Extend and pretend’ practices under fire as US property defaults soar; Goldman names most partners since 2010
The biennial appointment cycle saw the inclusion of 26 women, making up 27 per cent of the new partners, a slight decline from the 29 per cent share in 2022. Of the new partners, 69 per cent were in ...
The Banker5d
CIBC targets European public sector issuance
CIBC’s interest in Luxembourg’s public sector business grew from a desire to extend its long-standing sovereign, supranational and agency expertise to a broader set of clients in Europe and Asia. The ...
The Banker5d
Vicious to virtuous: tackling the triple crisis
Those countries are facing a triple crisis. The economic and social impacts of climate change are becoming more frequent and more severe. The loss of nature and biodiversity are approaching dangerous ...
The Banker4d
Crisis at the top? Promote the CRO
Promoting a CRO to chief executive also conveys to watchdogs that a troubled company wants to get back on track. Geary, the author of How to be a Chief Operating Officer, says it “sends a message to ...
The Banker4d
Why are non-financial misconduct reports at banks on the rise?
In The Banker exchange’s final episode for 2024, Aliya Shibli sits down with Barbara Pianese, Farah Khalique and Antonia Mannweiler to discuss the results of the UK Financial Conduct Authority’s ...
The Banker6d
BNPL lender Affirm launches in the UK; Sabadell concludes €365mn Cerberus lawsuit
Spanish bank Sabadell concluded its €365mn lawsuit against US private equity group Cerberus on Monday in London’s High Court. As reported by the Financial Times, the case stems from Cerberus’s alleged ...
The Banker6d
African and Middle Eastern banks eye Ethiopian market entry
Ahead of the formal opening of its banking sector to foreign investors, Ethiopia awarded a mobile money licence last May to Kenyan mobile operator Safaricom, enabling it to launch its influential ...