Is the closing of bank accounts discriminatory, or symptomatic of a culture of “over-compliance”?
With ESG becoming more top of mind, and litigation and regulatory enforcements on the rise, is it any wonder that bank heads of litigation and legal counsel are finding it difficult to sleep at night?
The financial system has proved remarkably resilient, so far, to rising interest rates. But cracks are starting to appear as these filter through to borrowers and credit losses start to mount.
Commerzbank and Deutsche Bank move up the best performing rankings as restructuring efforts bear fruit.
Italy’s largest lenders moved up in this year’s best-performing bank table, while last year’s top performers saw their fortunes wane.
Poland’s largest bank, PKO Bank Polski, is deposed from the top spot in this year’s overall best-performing table.
BBVA, Kutxabank and Banco de Sabadell are the three top performers in Spain this year, with the latter increasing its pre-tax profits by more than 87%.
BNP Paribas is crowned France's best-performing bank for 2023, but pre-tax profits for most French banks are hit by characteristics unique to the French retail market.
Following record profitability for Turkish banks in 2022, Akbank is Turkey’s best-performing bank in this year’s rankings.
Major UK banks fall down the performance table, while building societies improve their positions.
UK challenger bank Monzo enters the Top 1000 for the first time and, against a backdrop of hyperinflation, Turkish banks dominate highest return on capital and assets in this year’s western Europe rankings.
Hungary’s new “megabank”, MBH Bank, makes its presence felt in the CEE region’s highest movers table based on Tier 1 capital.
FS-ISAC says its new Europe board of directors will help financial services firms better respond to cyber resiliency challenges.
Halyk Bank’s CEO Umut Shayakhmetova is determined to protect the bank from the war in Ukraine and the resulting sanctions on Russia, Kazakhstan’s main trading partner.
Uzbekistan is a large country with big ambitions. It is gradually opening up its economy, and banking sector, to the world and foreign investors, but the road to reform is never easy.
Rebuilding Ukraine, Uzbekistan’s gradual opening up and sub-Saharan Africa dominated the agenda at this year’s EBRD meeting in Samarkand.
Heads of digital assets at buy- and sell-side firms are busying themselves with digital bond issuances on their proprietary tokenisation platforms. But what is behind their newfound love for tokenising traditional financial assets?
Can US regional banks put their problems behind them now that First Republic has been bought by JPMorgan Chase?
The first quarter results for both banks are in, but the value of what UBS has acquired remains to be seen.
Norwegian banks dominate several best-performing categories, while two Swedish banks have different stories to tell in this year’s top Nordic bank rankings.