The Banker2h
Deutsche Bank misses profit targets as Q4 earnings fall 92%; BoE’s Andrew Bailey warns against relaxing mortgage limits
Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to shareholders dropping to €106mn, a 92 per cent fall from the same period ...
The Banker1h
The case for sticking with net zero goals
Indeed, the fact that many leading global banks have decided to leave the Net-Zero Banking Alliance, a privately led group committed to “aligning their lending, investment, and capital markets ...
The Banker1d
Santander UK chair leaves – what next for the bank?
William Vereker will leave his role as chair of the boards of Santander UK and Santander UK Group Holdings during the course of the year, the company announced on Tuesday.
The Banker2d
FCA will not issue WhatsApp rules to banks; ING sells Russian business to Moscow-based company
Dutch lender ING announced on Tuesday that it has agreed to sell its Russian operations to Moscow-based Global Development ...
The Banker1d
A new way to finance carbon capture and storage
The Northern Endurance Partnership, which recently secured several billion pounds in debt financing, is developing onshore and offshore infrastructure to transport carbon dioxide from carbon capture ...
The Banker8d
ECB to increase scrutiny of ‘overly optimistic’ stress test submissions
“Banks have an inherent incentive to reduce their projected losses in the adverse scenario and, in turn, influence their ...
The Banker1d
Mediobanca rejects Monte dei Paschi’s takeover bid; Santander’s UK chair Vereker resigns
Italy’s Mediobanca has rejected Banca Monte dei Paschi di Siena’s takeover bid, deeming it “contrary to the interests of Mediobanca”.  In a strongly worded statement on Tuesday, the bank’s board ...
The Banker10d
Further Basel delays expected as UK and EU wait on Trump
More changes and delays to Basel III capital rules for banks are anticipated in both the UK and the EU on the back of the Bank of England’s decision to further postpone the implementation of the ...
The Banker13d
UK regulators further delay Basel capital rules; BofA and Morgan Stanley double Q4 profits
The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir ...
The Banker3d
UK banks push back on BoE loss-absorbing debt proposals; SEC clears way for US banks to hold crypto
The US Securities and Exchange Commission has overturned a Biden-era rule that made it costly for banks to hold digital ...
The Banker2d
MPS-Mediobanca merger: lead characters, goals and the push for ‘Italianness’
Over the past two years the Italian government reduced its stake in MPS to 11.7 per cent, from 67 per cent. The pair were among the biggest buyers, with Delfin ranking as the second-largest ...
The Banker2d
HSBC to exit select investment banking offerings in UK, US and Europe
HSBC is to shutter some investment banking offerings in Europe, the UK and the US, after a wider restructuring was announced last year. The group will wind down equity capital markets and advisory ...