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 ...
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 ...
Citi in May last year abandoned a $7bn sale of Banamex to Grupo México, opting for an IPO after negotiations stalled. Banamex, which serves 20mn clients via 1,300 branches, is expected to list by 2025 ...
The changes were made two years after the conclusion of a review by Sir Keith Skeoch, which highlighted that though the ringfencing regime is worth retaining, its benefit will likely “diminish with ...
The Fos was set up by the UK parliament in 2001, and helps to settle complaints between customers and financial businesses. The service is free to consumers, 1mn of which contact the organisation ...
Khalid Humaidan, the governor of the Central Bank of Bahrain, speaks about the prospects for international bank consolidation in the Gulf Cooperation Council, the country’s plans for a CBDC, the ...
Economic growth across central and eastern Europe may have cooled from its post-pandemic highs, but the region’s banks are thriving. Nearly every lender in The Banker’s 2024 Top 100 CEE Banks ranking ...
To assist the government in meeting its energy targets, Indonesia needs to create an additional 100 gigawatts of power by ...
Economic growth across central and eastern Europe may have cooled from its post-pandemic highs, but the region’s banks are thriving. Nearly every lender in The Banker’s 2024 Top 100 CEE Banks ranking ...
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 ...
This is the Tradeston campus, opened by Barclays in 2021 to be the bank’s latest global centre for “functions, technology and ...
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