He said that while Santander does not expect a recession in the US this year, the bank is observing signs of an economic slowdown. He also said that customer performance in its US car finance business ...

Mark Carney’s anti-Trump platform saw him pull off a remarkable turnaround for Canada’s Liberal party in the vote to elect a ...

The climate transition plans of Europe’s 20 biggest banks are “not fit for purpose”, with only two banks scoring above 50 out ...

UK banks may need to conduct more stringent due diligence when onboarding customers, experts have warned, in response to new ...

In Trump’s first 100 days of the current term that has not proven to be the case, with financial markets having to learn as ...

Among the top 10 Nordic banks ranked by Tier 1 capital and total assets, Finland’s OP Pohjola Group was the only bank that improved its position, moving from seventh to sixth spot, pushing Sweden’s ...

US Treasury secretary Scott Bessent accused the IMF and World Bank of “mission creep” on Wednesday, saying they need to refocus on reducing poverty and strengthening economies, instead of climate ...

HSBC has faced repeated disruptions at past meetings by groups such as Extinction Rebellion and is under pressure to reduce costs. Chief executive Georges Elhedery has targeted $1.5bn in annual ...

Italian lender Mediobanca has launched a €6.3bn takeover offer for its domestic rival Banca Generali, as it attempts to fend off a hostile takeover attempt by state-backed Banca Monte dei Paschi di ...

The invasion of Ukraine in February 2022 started to change things. Now, Europe is scrambling to turn its long-stated aim of “strategic autonomy” into a reality, and a growing number of venture capital ...

London held on to the top slot in this year’s index, with Zurich, Singapore and Geneva staying in second, third and fourth places. However, the top four centres for green financing saw their overall ...

Blended finance is one of the best ways to channel capital into emerging markets for tackling climate change and alleviating poverty, but it is currently “underutilised”, says a report by British ...