European Central Bank president Christine Lagarde has said that cross-border bank mergers in Europe are “desirable” to strengthen competition against US and Chinese rivals. Her remarks come as Italy’s ...

The US has also increased the diversification of its development strategy in recent years in a bid to counter Chinese influence. The country is one of the main sponsors of the G7’s Partnership for ...

Attijariwafa remains in sixth place overall thanks to a 15.6 per cent growth in Tier 1 capital © The picture painted by The Banker’s Top 100 African Banks for 2024 is broadly similar to that from ...

Kotak Mahindra Bank holds on to the best-performing title, while HDFC pushes State Bank of India down one place to second in ...

As more fintechs enter the market and expand available services, the regulator is stepping up to ensure stability ...

A: The inclusion of new members helps broaden AIIB’s reach in regions where it can make a tangible difference to ...

The FCA’s new regulations will not be sufficient to prevent further bank branch closures, said Andrew Martin, chief executive ...

HFSF, which holds an 18.4 per cent stake in NBG, will transfer the remaining shares to Greece’s sovereign wealth fund. The offer price for NBG shares has been set between €7.30 and €7.95, with the ...

The news comes as the bank fends off a takeover attempt by Italy’s UniCredit, which has recently positioned itself to ...

Cross-border payments in Asia-Pacific are becoming increasingly streamlined, as an ecosystem of banks, fintechs and payment ...

The People’s Bank of China on Monday announced a 20 basis point cut to its main policy rate — the seven-day reverse repo rate ...

On Wednesday the FCA opened a consultation for updates to the regime, which comes as the regulator continues to see “poor ...