Fallout from an accidental transfer of almost $900m in August 2020 has caused Citi to slash its fourth-quarter earnings by $323m.
Top 1000 World Banks 2023
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Visit the Top 1000 World Banks 2023 hub page. Read our analysis and examine the data. We analyse results by region, country and benchmark bank to bank, as well as run our best-performing bank methodology to help you identify banks’ strengths and weaknesses compared to their peers. |
Latest Section Articles
Lebanon’s economic woes leave banks in limbo
March 8, 2021Record low for the country’s currency in early March sparked angry protests, and there is little sign of improvement on the horizon.
'Fear index' hit a record high in 2020
March 1, 2021The Vix, which measures volatility in the S&P 500, hit a peak in March 2020 and remained elevated throughout the year.
Ulster Bank confirms withdrawal from Ireland
February 22, 2021Withdrawal of country's third-largest retail bank will see banking provision concentrated further.
Singaporean sweeteners help financial services investment hold up
February 19, 2021Government initiatives helped lure foreign banking and fintech investment last year despite Covid-19 crisis.
Nine banks take up ECB capital relief measures
February 8, 2021While European banking sector remains resilient, Covid-19 credit risks still pose challenges.
Commerzbank to slash branch network
February 1, 2021Germany’s second largest bank plans to near-halve its branch network and cut workforce by a fifth.
The Top 500 Banking Brands 2021
February 1, 2021We look at how the leading banking brands have changed since 2007, and assess the impact of Covid-19.
Top 50 Russian Banks ranking: resilience tested by the pandemic
February 1, 2021Russia’s banks were growing in the run up to the Covid-19 crisis, but the economic fallout has taken its toll.
Sustainable finance bond issuance hit all-time high in 2020
January 25, 2021Record total driven by a significant increase in 'social and sustainability' fixed income issuance.
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