The update came as HSBC reported a fourth-quarter pre-tax profit of $6.8bn, compared with $2.3bn a year earlier, on revenues up 42 per cent to $16.4bn. Shares in the lender rose above 5.5 per cent in ...

Nearly two decades after the financial crisis, the politics of bank regulation is shifting. Bank lobbying is not new — trade bodies have long argued that parts of the post-2008 settlement were ...

“AI companies unable to ramp up revenues and repay their massive debt loads could trigger huge losses that destabilise our financial system and economy. Americans are increasingly exposed to ...

In the early years of Russia’s full-scale invasion of Ukraine, the country’s largest state-owned lender PrivatBank battled deposit outflows, cyber attacks and the need to sust ...

Jes Staley is perhaps the most prominent name in banking to appear within the files. Staley, who resigned as CEO of Barclays ...

“Something like Epstein could easily happen again,” says John F Tobon, who led financial crime and money-laundering investigations in the south Florida area during his more than 30-year career with ...

The UK’s Financial Conduct Authority has declared its policymaking on non-financial misconduct complete, shifting ...

A recurring theme was the extent to which risk and control functions are still approaching AI rollout cautiously. Participants said this can slow deployment pipelines, reflecting both the scarcity of ...

Rumours had circulated for months that a number of high street banks were lining up to take over Evelyn Partners, one of the ...

Feedback will instruct the Commission's 2026 report on the EU banking sector's competitiveness, scheduled for the third ...

Former Barclays chief executive Jes Staley was named as a trustee of Jeffrey Epstein’s estate until at least 2015, according ...

Employee happiness is emerging as a differentiator in banks’ race to build AI capability, with lenders that score highest on staff satisfaction also showing the strongest data and AI talent pools.