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

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 ...

“France’s dynamic banking ecosystem, robust regulatory environment, and strategic position as a financial hub provide the ...

On the ESG front, Citigroup, BofA, Morgan Stanley, Wells Fargo, Goldman and JPMorgan have all exited the Net-Zero Banking ...

The UK is now a more attractive destination for US climate tech investors than their home market, amid the policy uncertainty ...

The Federal Reserve’s proposed changes to bank stress tests, which check the health of the major lenders, could “make crashes ...

Business users — while accounting for only around 5 per cent of Monzo’s 2.2mn total base — generate significantly higher revenue than personal banking customers; average revenue per user increased ...

Wells Fargo has been released from a Federal Reserve-imposed asset cap that had restricted its growth since 2018, representing a significant turning point for the US lender and opening the door to ...

The UK’s financial watchdog has confirmed it will maintain limits on disclosing enforcement investigations in a “rare success story” for industry pushback, although the scope of the test for naming ...