Dutch lender ING announced on Tuesday that it has agreed to sell its Russian operations to Moscow-based Global Development JSC, concluding its business activities in the country nearly three years ...

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 ...

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 US Securities and Exchange Commission has overturned a Biden-era rule that made it costly for banks to hold digital ...

“Banks have an inherent incentive to reduce their projected losses in the adverse scenario and, in turn, influence their ...

The UK will move to T+1 settlement for securities in October 2027 in line with similar moves by the EU and Switzerland, the body tasked with managing the transition confirmed on Monday, with the ...

Concerns are mounting about a likely increase in banking and financing litigation in the US this year, according to survey ...

The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir ...

Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with ...

European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...

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 ...

Among the many questions that banks have ahead of Donald Trump’s second inauguration next week, the identity of Michael Barr’s replacement as the top bank supervisor at the Federal Reserve is surely ...