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    Banks

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    • Friday, 24 November, 2023
      Lloyds Banking Group PLC
      Lloyds digital shift puts thousands of jobs at risk

      Over 2,500 positions under review as part of restructuring at UK high street bank

      Lloyds website
    • Friday, 24 November, 2023
      FT charity appeal
      India fights back to combat soaring digital fraud

      Financial literacy education is key to protecting Indians from scams in era of superfast payments

      Train passengers on mobile phones
    • Friday, 24 November, 2023
      Due Diligence
      Why banks are desperate to get into private credit

      Plus, a clash of corporate titans in Japan

      Due diligence logo
    • Thursday, 23 November, 2023
      LexVirgin Money PLC
      Virgin Money: challenger valuation due to its challenging outlook Premium content

      Bank’s conservative stance on the economy is well founded, as is the market’s caution with the shares

      A woman walks past a Virgin Money cash machine
    • Thursday, 23 November, 2023
      Financial & markets regulation
      Treasury clearing 101

      Everything you never wanted to know about central clearing in the world’s benchmark market

    • Thursday, 23 November, 2023
      LexChinese economy
      China property: running out of options as fallout spreads to shadow banking Premium content

      Systemic risks are mounting among non-banking financial bodies that lend to struggling house developers

      Unfinished apartment buildings
    • Thursday, 23 November, 2023
      Virgin Money PLC
      Virgin Money profits hit by rising bad loan provisions

      Challenger bank reports drop in earnings as cost of living crisis is set to drive up credit card arrears

      A Virgin Money bank in London
    • Wednesday, 22 November, 2023
      UBS Group AG
      UBS chief Sergio Ermotti calls for tougher sanctions on negligent bankers

      Banker urges greater power for Swiss regulators in wake of Credit Suisse collapse

      Sergio Ermotti
    • Wednesday, 22 November, 2023
      Bob Diamond
      Bob Diamond’s Atlas Mara sued over Zambian bank deal

      Lawsuit against lender co-founded by ex-Barclays chief alleges breach of acquisition terms

      Bob Diamond during a TV interview
    • Wednesday, 22 November, 2023
      EU financial regulation
      European Commission fines Rabobank €26.6mn over bond trading cartel

      Deutsche Bank avoids penalty of almost €156mn after revealing existence of collusion

      The Deutsche Bank headquarters
    • Wednesday, 22 November, 2023
      Autumn Statement
      Hunt plans sale of NatWest stake to retail investors

      UK chancellor will consider option ‘subject to market conditions and achieving value for money’

      People walking outside a NatWest branch
    • Wednesday, 22 November, 2023
      Financial services
      UK payment sector urged to develop system to bypass dominant card networks

      Government-commissioned review also calls for alternative to ‘clunky’ Faster Payment Service

      Hand of person typing on laptop and holding credit card
    • Wednesday, 22 November, 2023
      LexFinancial services
      Visa/Mastercard: threat from open banking remains remote Premium content

      Fintechs are chipping away at card providers’ duopoly but progress will be slow

      Visa and Mastercard credit cards
    • Wednesday, 22 November, 2023
      European banks
      ECB warns of ‘early signs of stress’ at eurozone banks as default rates rise

      Stability review notes sector’s resilience but urges lenders to increase provisions to cover rising loan losses

      Luis de Guindos, vice-president of the European Central Bank
    • Wednesday, 22 November, 2023
      Innovative banks eye hot new opportunity: corporate loans

      Shiti just got real

    • Wednesday, 22 November, 2023
      Australia & New Zealand Banking Group Ltd
      Australian bank warns of lower bonuses if staff do not come into office

      ANZ says employees are expected in workplace at least 50% of the time

      A picture of the ANZ logo
    • Wednesday, 22 November, 2023
      Deutsche Bank AG
      Deutsche Bank’s €12-an-hour workers gear up for a fight

      Lender has 572 employees making over €1mn a year but call centre staff are paid just a few cents above minimum wage

      A montage of a keyboard, headphones and the Deutsche Bank logo
    • Tuesday, 21 November, 2023
      Morgan Stanley
      Morgan Stanley co-president Andy Saperstein diagnosed with cancer

      Head of bank’s wealth management division says he plans to continue working through treatment

      Andy Saperstein
    • Tuesday, 21 November, 2023
      LexBanca Monte dei Paschi di Siena SpA
      Italian banks: remedy to MPS’s ills was Lovaglio, actually Premium content

      Economic conditions have worked in CEO’s favour — but MPS remains a medium-sized regional lender

      Chief executive and turnaround expert Luigi Lovaglio has taken an axe to headcount
    • Tuesday, 21 November, 2023
      Commercial property
      Commercial property’s debt burden exceeds pre-2008 level in eurozone, warns ECB

      Stability review warns of contagion risk for wider financial sector from surging losses in real estate

      A residential and commercial project in central Berlin, Germany
    • Monday, 20 November, 2023
      Federal Reserve
      The Fed’s balance sheet isn’t so boring after all

      Like “watching paint dry”, but if the paint was the US banking system

    • Monday, 20 November, 2023
      LexAIB Group PLC
      AIB: green financiers should figure on greater rigour Premium content

      Banks need to prove to investors that green finance initiatives are more than just a promotional exercise

      A cyclist passes a bank branch of Allied Irish Banks in Dublin, Ireland
    • Monday, 20 November, 2023
      LexJulius Baer Gruppe AG
      Julius Baer: Benko hangover leaves bank in an Austrian bind Premium content

      Quantifying its single client exposures would be one way for Baer to settle market nerves

      Austrian businessman Rene Benko with his wife Nathalie
    • Monday, 20 November, 2023
      Julius Baer Gruppe AG
      Julius Baer warns on profits weeks after Signa crisis

      Swiss lender has taken $79mn in ‘valuation adjustments’ against its loan book since the end of October

      A person walks in front of a Julius Baer branch
    • Monday, 20 November, 2023
      Inside BusinessPatrick Jenkins
      AT1 rush shows bank investors have short memories

      UBS issue of capital instrument generates hotcake exuberance just months after Credit Suisse wipeout

      Protesters holding a mock boat with the sign ‘Crisis Suisse’
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