Austria’s central bank is installing up to 120 ATMs in “cashless” rural areas as EU lawmakers continue to delay legislation securing the status of physical money, while other countries, including the ...

UniCredit will walk away from its takeover bid for Banco BPM unless the Italian government provides greater clarity on the conditions tied to the deal, chief executive Andrea Orcel said at a Goldman ...

A term used in astrophysics and now AI, singularity should help guide regulators as they tackle information gaps ...

Barclays is preparing to cut more than 200 jobs in its investment banking business in the coming days, according to a ...

On a cumulative basis since 2006, the US ended the first quarter almost 20 per cent ahead of China. However, Climate Bonds anticipates China will close the gap as US issuers “shy away” from labelling ...

This week, the world gathers for the UN Ocean Conference in Nice, France, and its precursor the Blue Economy Finance Forum in ...

The Swiss authorities said they would allow UBS to reduce its AT1 bond holdings by around $8bn, leaving it with an $18bn net ...

Eimear O’Brien, a partner at the law firm, said the latest revisions were introduced following the European Commission’s review of the current directive, “which found that it had not kept pace with ...

The Swiss government on Friday announced plans to tighten capital requirements for UBS, proposing that the bank hold up to $26bn in additional core capital following its state-backed rescue of Credit ...

But banks across North America, Europe and Asia-Pacific are united in valuations being only partly explained by return on equity, with Bain showing that RoE explains just between 43 per cent and 49 ...

The UK fintech boasted of having a market valuation of $1.1bn, “making it the first pre-revenue bank in history to attain ‘unicorn’ status upon debut”, while also waxing lyrical about being only the ...

JPMorgan has warned incoming graduates that accepting another job within 18 months of joining the bank will result in ...