“In the past, banking has been fairly complicated,” he explains. “GenAI is going to be a ‘game changer’, as it gives us the ...

“Our business is changing … we need more scale,” says BBVA chief executive Onur Genç about the bank’s hostile bid for Banco Sabadell.

The economic axis between China and the Gulf Cooperation Council nations is strengthening, with trade volumes projected to ...

Shares in JPMorgan and Bank of America both fell 3.4 per cent on Wednesday, with Goldman Sachs lower by 4.3 per cent. The Dow ...

To date, the most active payment corridors on PAPSS are in west Africa, according to Afreximbank, where the scheme was first ...

A committee was formed in June 2023, three months after Credit Suisse’s collapse, to probe the official response to the ...

2024 was one of the strongest years for bank mergers involving a European target in the past 10 years, according to Dealogic data. It saw the biggest deal volumes by value ($31.3bn year to date) from ...

Already in September, there have been reports about Atlas — which Diamond set up with David Schamis, previously of private equity firm JC Flowers — being one of the investors helping to fund Central ...

The US is a clear winner, with businessman Donald Trump moving back into the White House on January 20. A deregulatory ...

Ahmed Abdelaal, group CEO of Mashreq, discusses how Middle Eastern lenders can best benefit from the technology ...

The European Central Bank imposed additional capital charges on 13 eurozone banks this year, judging that they might be taking on more risk than they can absorb. This “add-on” to the banks’ leverage ...

For financial sector regulators, three key lessons imply urgent policy priorities: that trust is broken; that innovation is essential; and that culture is competitive.