Layoffs are rising as an economic downturn looms. Employers must take care if they are to make their own redundancies.

While aware of the challenges ahead, the country’s huge network of small and mid-sized banks believe they are in a strong position and remain optimistic about the long-term outlook.

Resilience gained through the painful post-global financial crisis restructuring has helped Portugal’s banks emerge from the pandemic with stable capital ratios, improved asset quality and ample liquidity.

International banks face numerous challenges in leaving Russia, even after they have made their exit.

Mugur Isarescu, governor of the National Bank of Romania, speaks to Kit Gillet about the pandemic, key recent developments for Romania’s banking sector and the outlook for the period ahead.

Last year was the most profitable year on record for Romanian banks, but this year is set to be different.

Total planned Brexit-related moves in UK financial services sector drop by almost 60% from peak in 2016. Burhan Khadbai reports.

An aggressive process of M&A activity among Spanish banks has radically reshaped the country’s financial services map. But now lenders are focused on expanding organically, although some believe further consolidation remains a viable option. 

The Spanish banking sector has rebounded strongly from the pandemic, posting strong results for 2021. However, uncertainties remain over inflationary pressures and the evolution of interest rates.