UniCredit was financial adviser to TIM, with a focus on determining the post-deal capital structure. The KKR-sponsored transaction to acquire NetCo required financing of €10.5bn, underwritten by 11 ...
US bank stocks surged to their highest level since before the collapse of Silicon Valley Bank on Friday, driven by better-than-expected earnings from JPMorgan and Wells Fargo. Despite reporting ...
Asian financial institutions’ slow adoption of Legal Entity Identifiers could leave them at risk of paying higher transaction costs and missing business opportunities, unless regulation steps up and ...
Indeed, some large players believe they are as much as 23 months behind the bad guys when it comes to detecting financial crime in general, according to fresh research from RedCompass Labs, which ...
The allegations at ANZ Bank, reports The Banker’s sister publication Banking Risk & Regulation, include manipulation of bond markets, massaging trading data to win a government contract, work meetings ...
Singaporean financial services providers are “falling short” of their responsibilities to mitigate money-laundering risks and must update their systems to avoid fines and cancellations of their ...
HSBC chief executive Georges Elhedery is planning significant cost-cutting measures that could save up to $300mn by reducing the bank’s top management layers, the Financial Times reported on Thursday.
Global banks are experimenting with generative artificial intelligence tools to tackle intractable legacy issues that their workforce is either unable or reluctant to address, or that works out ...
Multilateral institutions like the World Bank and IMF have long been called on and been vocal about the role they can play in catalysing private sector investors and lenders — by absorbing part of ...