The US banking system is burdened by a convoluted regulatory architecture that leads to inefficiencies and arbitrage
Plaintiffs argue Swiss government ‘folded’ to UBS demands when bank rescued its troubled rival
World’s largest money manager had staked out position as sustainable investment leader
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to credit
More than you’d think!
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use each other’s premises
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groups
Bank has lagged well behind rivals on important measure of profitability
Internal memo reveals multilateral lender’s fear that new rules will put its climate credentials at risk
BC Partners and Pollen Street Capital close to appointing Goldman Sachs to oversee listing of UK lender
Boutiques counting on M&A rebound to support elevated valuations and star hires
Banks ditch climate-related alliance at the same time as meeting EU client demands
As the industry expands, some areas should start to attract regulatory scrutiny
German lender sees room for expansion in Americas where it lags in rankings
Pact was aimed at limiting investment in and lending to industries that contribute to greenhouse gas emissions
Numbers for fixed-income and equities trading expected to surpass 2022 when invasion of Ukraine rocked markets
There is a good chance the Trump administration will take action over the issue after complaints from the right
US watchdog is seeking greater scrutiny over asset management giant’s vast holdings in lenders
Lenders brushed off concerns about hit from falling interest rates
Measure abandoned days before deadline after lenders launched legal challenges and imposed fees
Consumers are ‘tapped out’ after years of high inflation and as pandemic-era savings have evaporated
$10tn money manager agrees to curbs on influencing decisions of mid-sized and regional lenders
There has been a profound shift in thinking on capital raisings
Executive who navigated US bank through 2008 financial crisis also sparred with Carl Icahn when leading Time Warner
