The Banker16h
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 Banker1d
‘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 Banker1d
European banks channel $230bn to fossil fuel expansion
European banks are undermining the energy transition, says French non-profit Reclaim Finance, which published new research revealing that 20 of the region’s largest lenders had provided more than ...
The Banker1d
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 president with a Republican-controlled Senate. As reported by the Financial ...
The Banker2d
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 Banker2d
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 Banker2d
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 Banker2d
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 Banker3d
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 Banker3d
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 Banker3d
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 Banker4d
All eyes are on the US election, but bankers still worry about Europe
Bettina Orlopp, Commerzbank CEO, speaks at the IIF during the annual meetings of the IMF and World Bank in Washington © Ting ...