The Banker2h
Banks ramp up risk defences as Trump’s trade policies rattle markets
As US President Donald Trump’s shifting stance on tariffs threatens to create one of the biggest disruptions to global commerce in decades, experts say banks are finding unexpected opportunities from ...
The Banker6h
Santander posts record profits for third consecutive year; Coinbase urges US regulators to allow bank crypto services
Full-year profit hit a record €12.57bn for the third straight year, driven by strong growth in Santander’s retail operations in Spain and Brazil, which contributed to an 8 per cent rise in revenues.
The Banker8h
Reeves urges UK regulators to prioritise growth over red tape
It is clear Rachel Reeves is not a fan of regulation, or at least not of overregulation. During a speech in Oxfordshire last week, the UK chancellor told a room full of journalists and chief ...
The Banker9h
US Treasury clearing rules likely to be postponed, say experts
The rules, finalised in 2023 by former Securities and Exchange Commission chair Gary Gensler, are due to come into force on December 31 2025 for cash clearances and June 30 2026 for repo clearing.
The Banker1d
China hits US with retaliatory tariffs; UBS profits top forecasts
China has announced retaliatory tariffs on a range of US imports and launched an antitrust investigation into Google following President Donald Trump’s decision to impose an additional 10 per cent ...
The Banker1d
How AI gamification can improve financial literacy in emerging markets
With the increasing availability of skilled AI engineers and open-source frameworks, the cost of developing AI solutions has become significantly more affordable. As digital banking evolves, ...
The Banker1d
Former SVB chief warns Trump 2.0 could lead to more bank failures
Former Silicon Valley Bank chief executive Ken Wilcox has warned that Trump’s deregulation agenda could lead to more bank failures similar to those experienced by SVB and other lenders in 2023 and ...
The Banker6d
Deutsche Bank misses profit targets as Q4 earnings fall 92%; BoE’s Andrew Bailey warns against relaxing mortgage limits
Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to ...
The Banker9d
UK banks push back on BoE loss-absorbing debt proposals; SEC clears way for US banks to hold crypto
The US Securities and Exchange Commission has overturned a Biden-era rule that made it costly for banks to hold digital ...
The Banker7d
Mediobanca rejects Monte dei Paschi’s takeover bid; Santander’s UK chair Vereker resigns
Italy’s Mediobanca has rejected Banca Monte dei Paschi di Siena’s takeover bid, deeming it “contrary to the interests of ...
The Banker8d
FCA will not issue WhatsApp rules to banks; ING sells Russian business to Moscow-based company
Dutch lender ING announced on Tuesday that it has agreed to sell its Russian operations to Moscow-based Global Development ...
The Banker2d
Global stocks tumble in response to Trump’s tariffs; Commerzbank reports record profits
Currency markets experienced turbulence, with the Canadian dollar hitting its lowest level since 2003 and the Mexican peso sliding nearly 3 per cent. Trump imposed 25 per cent tariffs on imports from ...