A tie-up with Banco BPM would give UniCredit a chance to strengthen its position in Italy, said De Carlo, where it currently derives half of its revenues. “UniCredit [doesn’t have] a strong franchise ...
The markets have spoken: Donald Trump’s return to the White House is a boon for Wall Street. Bank stocks are on a seemingly one-way upward trajectory, buoyed by the promise of lower corporate taxes ...
The US sanctions coincide with the expiration on January 1 of contracts for Russian gas transiting through Ukraine to European countries, including Slovakia and the Czech Republic. Treasury secretary ...
Not every financier is fortunate enough to have worked at the legendary investment bank Salomon Brothers, which was depicted in Michael Lewis’s book Liar’s Poker. Slava Slavinskiy did in the 1990s, ...
The most favourable scenario from Trump’s point of view is likely to be that Gensler resigns in the near future, as his tenure ends only in 2026. Trump would then be able to immediately appoint an ...
Spanish lender BBVA announced a series of commitments on Wednesday aimed at gaining antitrust approval from the country’s competition regulator the CNMC for its proposed hostile takeover of Banco ...
Under this scenario, banks’ financial losses totalled €630bn, an increase of almost 90 per cent on losses (€343bn) under the baseline scenario. The baseline stress scenario saw the EU’s Fit-for-55 ...