“In the past, banking has been fairly complicated,” he explains. “GenAI is going to be a ‘game changer’, as it gives us the ...

2024 was one of the strongest years for bank mergers involving a European target in the past 10 years, according to Dealogic data. It saw the biggest deal volumes by value ($31.3bn year to date) from ...

The government has been NatWest’s largest shareholder since the financial crisis as a consequence of its £46bn bailout, when ...

BPM has €64bn in assets under management. Combined with Anima, Italy’s largest independent asset manager, the new entity would hold €217bn under management, compared with UniCredit’s €214bn, according ...

Bank of America and upReach help students from lower socio-economic backgrounds access professional opportunities. Emma ...

Broken beer bottles, trash and discarded crack cocaine pipes litter the Bahnhofsviertel’s streets. The misery in one of Frankfurt’s smallest districts is most visible in the people who inhabit the ...

Klarna has been fined SKr500mn ($46mn) and reprimanded by Sweden’s financial regulator for breaching anti-money-laundering rules. The Swedish regulator said on Wednesday that between 2021 and 2022 ...

Donald Trump’s election to a second term as US president has led to a bullish mood among the investment banking community, with anticipated financial deregulation and tax cuts forecast to prompt a ...

Danish lender Nykredit has announced a DKr24bn ($3.5bn) all-cash offer to acquire its domestic rival Spar Nord Bank, the two companies said in a joint statement on Tuesday.

Some see a trend of seasoned veterans being turfed out in favour of younger and less experienced, but cheaper staff. Others believe this is just part of a natural rejuvenation process. With career ...

Marcos Neto is assistant secretary-general and director of the UN Development Programme’s Bureau of Policy and Programme Support As we enter 2025, the global financial sector stands at a pivotal ...

Nuno Matos, former head of HSBC’s wealth and personal banking business, will become ANZ’s chief executive next July, succeeding Shayne Elliott after nine years in the role, the Australian bank ...