HSBC surprised the industry last week as news broke that it had fired investment bankers on the same day they were due to hear their bonus figures, and reportedly gave no bonuses to many it laid off.
Four of China’s largest banks will raise a combined Rmb520bn ($72bn) via share sales to investors including the country’s ministry of finance, in the latest measure to shore up confidence in the world ...
The Bank of London is six months late in publishing its annual accounts as questions persist over the financial health of the troubled UK fintech.
A year since the ransomware attack on UnitedHealth Group revealed holes in the healthcare giant’s cyber defences, I see similar cracks in another huge industry: banking. Can banks learn lessons from ...
The UK government must broaden its efforts to tackle authorised push payment fraud by holding telcos and social media ...
A spokesperson at the US lender told The Banker: “Jamie Dimon has said it is up to the board [when he leaves] and that he ...
The guidance adjustments came as Lloyds enters the final stretch of a £4bn transformation plan — spearheaded by chief ...
One unexpected outcome of a shift towards higher tariffs could be a reconsideration of the US dollar’s dominance in global ...
Alexander Stiris, head of commercial banking, Europe, Middle East and Africa at Citi, said: “India is a place we have started ...
Standard Chartered has lost its attempt to reduce the size of a £1.5bn lawsuit brought by investors over alleged breaches of US sanctions against Iran. The case, heard at London’s High Court on ...
Deutsche Bank has appointed Morgan Stanley’s Raja Akram as its new chief financial officer as part of the bank’s latest leadership reshuffle.
The big surprise when it comes to financial regulation is that Donald Trump and Sir Keir Starmer have so much in common. Before the UK prime minister took office last year he told journalists that he ...
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