Higher interest rates have boosted profitability, even as a competitive market weighs on net interest margins
World
Latest articles from World
World
/ Middle East
/ Bahrain
Bahraini lenders post higher profits even as costs rise
February 21, 2024
World
/ Western Europe
/ UK
Work on the digital pound is ongoing
February 21, 2024With no final decision made, the Bank of England continues to design a CBDC
Capital One to acquire Discover for $35bn; top US banks face surge in bad property debt
February 20, 2024Plus: Barclays announces operational overhaul; ANZ’s Suncorp acquisition given go-ahead, and more
World
/ Middle East
/ Bahrain
Non-oil sectors lift Bahrain’s economy as fiscal challenges remain
February 19, 2024The smallest economy in the Gulf is looking to build on closer US ties and a steady rise in FDI
Fed eyes commercial real estate risk; Morgan Stanley accused of misleading EU regulators
February 19, 2024Plus: Paytm Payments Bank given wind-down extension; JPMorgan’s $350mn fine, and more
World
/ Western Europe
/ Italy
Is Italy’s wealth management sector turning a corner?
February 19, 2024Mediobanca is the latest financial institution in Italy to expand its business in wealth management
Japan slips into recession; Wells Fargo resolves 2016 fake-account scandal regulatory order
February 16, 2024Plus: JPMorgan and State Street pull out of Climate Action 100+; NatWest reports highest annual profit since 2007, and more
Transition risks unearthed in European banks’ credit portfolios
February 16, 2024Climate misalignment exposes European banks to greater risks and insolvency issues, says ECB
Pakistan’s bumpy road to Islamic finance goals
February 15, 2024Despite regulatory pressure on banks to transition to sharia-compliant financing, the rate of adoption is proving slow
UK fell into recession in late 2023; SEC chair Gensler warns against 'AI washing'
February 15, 2024Plus: NatWest to appoint permanent CEO; Morgan Stanley plans job cuts, and more
