Founded in 2016, Kroo positions itself as a socially conscious bank, through which De Gottardo hopes to “change the banking industry for the best”. He joined the new lender as chief risk officer in ...

Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to ...

Indeed, the fact that many leading global banks have decided to leave the Net-Zero Banking Alliance, a privately led group committed to “aligning their lending, investment, and capital markets ...

Dutch lender ING announced on Tuesday that it has agreed to sell its Russian operations to Moscow-based Global Development ...

The US Securities and Exchange Commission has overturned a Biden-era rule that made it costly for banks to hold digital ...

William Vereker will leave his role as chair of the boards of Santander UK and Santander UK Group Holdings during the course of the year, the company announced on Tuesday.

The Northern Endurance Partnership, which recently secured several billion pounds in debt financing, is developing onshore and offshore infrastructure to transport carbon dioxide from carbon capture ...

Italy’s Mediobanca has rejected Banca Monte dei Paschi di Siena’s takeover bid, deeming it “contrary to the interests of Mediobanca”.  In a strongly worded statement on Tuesday, the bank’s board ...

Over the past two years the Italian government reduced its stake in MPS to 11.7 per cent, from 67 per cent. The pair were among the biggest buyers, with Delfin ranking as the second-largest ...

HSBC is to shutter some investment banking offerings in Europe, the UK and the US, after a wider restructuring was announced last year. The group will wind down equity capital markets and advisory ...

Large European banks’ current credit losses could roughly triple by 2045 in an adverse climate scenario, according to modelling by ratings agency Scope, with banks in southern Europe particularly ...

The rollback of recent M&A review provisions is part of the expected changes that banking regulation will undergo as part of Trump’s deregulation drive. In the current US administration, bank M&A is ...