UBS announced on Monday that it is selling its 50 per cent stake in credit card provider Swisscard, acquired through its ...

In response, banks are becoming innovative in how they support their clients in their environmental, social and governance goals, tying the products and services they offer to environmental targets.

TD Bank is expecting its pre-tax net interest income to fall by up to $225mn in the 2025 fiscal year, after it became the ...

JPMorgan plans to expand its presence in Africa by entering Kenya and Côte d’Ivoire this year, chief executive Jamie Dimon ...

The European Central Bank cut interest rates by 25 basis points for the third time this year on Thursday, reducing the ...

Publishing its recommendations today, the Transition Finance Market Review, the body in charge of the study, has said that ...

Morgan Stanley reported a 32 per cent increase in third-quarter profits on Wednesday, beating analyst expectations. The US ...

Authorities have every incentive to step up to the plate. The Fed pointed out in April that rising inequality can predict ...

Government raises threshold to enable banks to take on more consumer deposits, although analysts warn regime is ‘obsolete’ ...

The recent lift in banks’ performance is largely down to rising interest rates, McKinsey said in its Global Banking Annual Review 2024 published on Thursday, adding that the market is sceptical of ...

European governments’ gradual sale of shares in banks that were nationalised during the global financial crisis could encourage a wave of mergers and acquisitions, according to Scope Ratings.

Swiss financial regulator Finma has ordered UBS to strengthen its emergency planning following its takeover of Credit Suisse last year, to ensure the bank can be wound down or sold without risking ...