According to recent research, increasing competition has replaced Covid-19 as the main driver for digital transformation.

HSBC’s Barry O’Byrne talks about transforming the mindset of the division from digital to digital-first through its approach to people, partners and technology.

Slowing economic growth and rising interest rates will lead to challenging conditions for banks, insurers and fund managers next year, according to the EIU. However, fintech may fare worse.

With a plethora of central banks experimenting with – and some having already issued – digital currencies, there is a threat of a lack of cross-border interoperability between domestic CBDC schemes.

While both Tier 1 capital and assets declined, the aggregate profits of the largest 250 western European banks doubled.

Rising fuel and food costs, decreasing disposable income and cuts in social programmes are creating a perfect storm for charitable organisations, says the CEO of CAF Bank.

The chairman of the World Savings and Retail Banking Institute shares his views on the role its members are playing in promoting sustainable and inclusive finance, as well as the economic and social well-being of their communities.

Gender representation at senior executive and board level remains a challenge for the European banking industry, especially in the CEO role. On the plus side, Silicon Valley Bank UK’s Erin Platts has recently joined the exclusive club of female bank CEOs.