Browsing: Banking

The bosses of the central banks and treasuries of the UK, US and EU are to take part in a war game in Washington on Saturday…

US federal regulators are trying to soften bank requirements, loosening the amount of capital US banks must have, in what would be some of the biggest…

The UK banking group Close Brothers is to cut about 600 jobs and roll out the use of AI “at pace” after posting further losses amid…

Some of the largest US banks are considering suing their financial regulator, arguing that a new raft of licenses for crypto, payment and fintech could put…

Bank chairs who water down their lenders’ climate commitments this year could face embarrassing shareholder revolts as campaigners try to hold bosses to account for environmental…

Five more former bankers convicted of rigging interest rates will be given a fresh chance to clear their names, after the supreme court overturned a decade-old…

For more than 170 years, Wells Fargo built a reputation as an all-American Main Street lender. Now, it is charting a new path and pushing into…

The UK’s sanctions watchdog has fined Bank of Scotland £160,000 for opening a bank account and processing payments for an ally of Vladimir Putin.Dmitrii Ovsiannikov, who…

Weeks after Donald Trump’s first shock election win, bosses from across corporate America were scrambling to enter the president’s orbit.Business leaders ranging from the General Motors…

Lloyds Banking Group boss, Charlie Nunn, could be in line for a maximum annual pay packet worth more than £13m, as he becomes the latest boss…