Spanish bank to run combined business as Santander UK after £2.65bn takeover
The Securities and Exchange Commission has proposed allowing public companies to file earnings reports semi-annually
Loss came via Apollo lending to collapsed mortgage lender MFS
Bank elevates global heads of M&A and risk for investment banking and trading
Italian group pressing ahead with €35bn bid for Germany’s Commerzbank
Former commodities trader’s £12mn lawsuit alleges German lender breached a ‘duty of care’
Employees will be paid directly for generating business instead of sharing revenue between the group’s units
Global lenders explore private deals and risk transfers to cut exposure to AI boom
Royal Bank of Canada and Bank of Montreal are latest North American banks trying to offload a payments processor
Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings
Claude’s Mythos AI model raises the stakes as it finds vulnerabilities in financial software
Trading firm brought in record $40bn amid financial market volatility
The difference between good and bad leaders turns on whether they recognise when pressure is productive
UK lender expects to generate more than £17bn in income for the year
BNP Paribas, Crédit Agricole and SocGen report higher first-quarter profit but are unable to capitalise on market volatility
Asia-focused bank reports record quarterly profit despite setting aside funds to hedge against Middle East risk
Rare dispute emerges after watchdog proposes to boost liquidity for groups such as Jane Street and Citadel Securities
Boss Nik Storonsky is hoping that a US banking licence and an IPO will sustain fintech’s breakneck growth
Long fight over just how well fortified its balance sheet needs to be is inching in Swiss bank’s direction
Finance arms of German carmakers among three lenders to appeal against regulator’s £9.1bn redress programme
Market volatility from Middle East war propels strong activity at Swiss bank
Bank slashes expectations for UK growth but keeps guidance steady
The investment banker was hired by Citi before news of his changed circumstances at JPMorgan was made public
The crypto tokens are not yet safe enough to be used at scale in the settlement of large, wholesale financial transactions
After years of complaints, Vis Raghavan had been told he was out of a job. Three days later, Citi hired him