The person added that the cost-reduction process was “not a straight line” and that UBS could not shut down some legacy Credit Suisse systems until client migration is completed, which is expected by ...

eToro Group, which describes itself as the world’s first social investing platform, finally achieved its goal of becoming a public company in May this year, based on the thesis that increased retail ...

At the time of writing, Trump had levied an additional 25 per cent tariff on India for buying Russian oil, to come into effect on August 27. In response to the latest tariffs, India’s Ministry of ...

President Donald Trump has criticised Goldman Sachs chief executive David Solomon, accusing the bank of wrongly forecasting that US tariffs would harm the economy and questioning Solomon’s suitability ...

“The role of the traditional bank today is to act as the bridge between digital and fiat currencies,” Salinas explains. “We connect with digital natives who need banking services, and we bring that ...

Fast and efficient payments infrastructure is essential for any economy that is highly reliant on tourism. Visitors want to be able to use their regular payment methods wherever they are and wherever ...

Bank of America’s headcount fluctuated, rising from 213,280 in 2015 to a peak of 216,033 in 2022, before slipping back to 213,963 in 2024. Headcounts at PNC and US Bancorp also fluctuated; however ...

However, during its first six months the Trump administration has made clear its intention to refashion long-standing FDI policy from a relatively objective set of security-focused standards into a ...

According to Emancipator, credit unions are getting away with expanding to nearly systemically important bank sizes by exploiting the Credit Union Membership Access Act, which allows federal credit ...

The EBA is also consulting on amendments to the ESG disclosure framework, simplifying requirements for small and medium banks to make it more proportionate. The consultation was launched on May 22, ...

Analysts have widely interpreted the sale of TSB as an effort by Sabadell to strengthen its defence against BBVA’s €16.6bn hostile bid, which launched in May last year and was swiftly rejected by ...

Yue (Nina) Chen, who was appointed the OCC’s first chief climate risk officer in 2022 before resigning from her role earlier ...