The hedges swap interest rate risk for a fixed margin, and mean banks have remained boosted by net interest margins, which is the difference between the interest charged on loans and paid out on ...

Banks that finance the expansion of coal-fired blast furnaces for steelmaking risk mounting climate litigation, regulatory penalties, and long-term credit and investment risk, environmental ...

In an interview with CNBC on Tuesday, Trump said that JPMorgan asked him to close long-standing accounts he held with the bank within 20 days and that Bank of America declined a $1bn deposit. “I ended ...

The European Central Bank approved all applications to conduct so-called significant risk transfers in the last five years, despite growing concerns around the market. Significant risk transfers allow ...

Barclays and HSBC’s NZBA exits are not procedural; they expose fundamental issues with banks’ climate commitments ...

You are unlikely to meet another Italian who speaks with such reverence for the Wimbledon tennis tournament and Oxford ...

“Frankly, if I find an amazing way of spending more money that gives the best returns for shareholders. I’ll do that instead, ...

Financial inclusion, when treated as a design challenge rather than a compliance issue, becomes a competitive advantage. The ...

Former fund manager Neil Woodford is not surprised by the level of activity. He believes UK banks are “absurdly cheap”, with ...

Amid an ever more crowded market that bombards customers with ‘cookie cutter’ rewards, consumers are focused on pursuing ...

The White House is drafting an executive order that would penalise banks for cutting ties with customers based on political views, The Wall Street Journal reported on Monday, citing a draft of the ...

Alongside HSBC, Moody’s, the rating agency, and law firm Clifford Chance have chosen to leave, while Barclays and Morgan Stanley have both reduced their footprint in the district. Deutsche Bank is ...