UniCredit has withdrawn its €10bn takeover offer for smaller rival Banco BPM, citing continued uncertainty over Italy’s “golden power” rules and strong opposition from Giorgia Meloni’s government. The ...

The Banker talks to the CEO of JPMorgan’s UK retail arm about everything from five-day office weeks to Chase’s next steps in Europe ...

Central banks must increasingly account for disruptions to workforces as climate change and the transition to low-carbon economies reshape the world’s labour markets, with only a handful of ...

ESG is not the only term being challenged. “Green” has also drawn criticism, with banks like HSBC accused of greenwashing for ...

It is time to take the boot off and regulate for growth, not risk. That was chancellor Rachel Reeves’ core message in her ...

Prudential regulation should focus on mitigating risks, regardless of the underlying technology. However, the proposed BCBS Cryptoasset Standard imposes punitive capital requirements on many types of ...

According to figures from the Financial Conduct Authority’s website, which have yet to be updated to include last week’s £42mn penalty against Barclays, UK banks have been fined £251.4mn since the ...

HSBC’s decision to exit the Net-Zero Banking Alliance is “hugely disappointing” say shareholders and sustainability experts, ...

The rising tide of stablecoins, underpinned by the pro-crypto leanings of the second Donald Trump administration, has in the ...

The head of JPMorgan’s British retail banking arm stopped short of confirming whether the bank would reach profitability this ...

Ukraine’s central bank governor Andriy Pyshnyi has urged international investors to not “be afraid to invest” in the war-torn ...

Chenyue Mao, a US citizen and managing director at Wells Fargo in Atlanta, was placed under the exit ban after entering China in recent weeks, the Wall Street Journal reported, citing anonymous ...