Clearer policy and enforcement are needed to give farmers and landowners confidence to participate in markets that benefit nature, bank says ...
Rising operating costs for retail lenders are set to result in net interest margin declines of between 5 to 10 per cent by 2026, McKinsey has warned, with rising wage growth, increased financial crime ...
Bitcoin Suisse, the Swiss crypto-financial services provider for high-net-worth individuals and institutional investors, has had a busy 2024. It celebrated its eleventh anniversary and changed its ...
SVB and last year’s other bank failures put renewed focus on bank funding concentration and uninsured deposits ...
Starling’s growth in particular was substantial — its revenue rose from £13,000 in 2016 to £453mn in 2023, according to the FCA, with customer numbers rising from 43,000 in 2017 to 3.6mn six years ...
HSBC chief executive Georges Elhedery is planning significant cost-cutting measures that could save up to $300mn by reducing the bank’s top management layers, the Financial Times reported on Thursday.
Singaporean financial services providers are “falling short” of their responsibilities to mitigate money-laundering risks and must update their systems to avoid fines and cancellations of their ...
Asian financial institutions’ slow adoption of Legal Entity Identifiers could leave them at risk of paying higher transaction costs and missing business opportunities, unless regulation steps up and ...
Private credit, which refers to loans from non-bank entities, has grown rapidly, offering investors higher returns and borrowers an alternative to traditional bank credit. Bloomberg predicts the ...
Multilateral institutions like the World Bank and IMF have long been called on and been vocal about the role they can play in catalysing private sector investors and lenders — by absorbing part of ...
Global banks are experimenting with generative artificial intelligence tools to tackle intractable legacy issues that their workforce is either unable or reluctant to address, or that works out ...
Which advisors would UniCredit chief Andrea Orcel want in his corner if he were to launch a hostile takeover bid?