TD Bank is expecting its pre-tax net interest income to fall by up to $225mn in the 2025 fiscal year, after it became the ...
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 ...
Clearer policy and enforcement are needed to give farmers and landowners confidence to participate in markets that benefit nature, bank says ...
Rising operating costs for retail lenders are set to result in net interest margin declines of between 5 to 10 per cent by 2026, McKinsey has warned, with rising wage growth, increased financial crime ...
Bitcoin Suisse, the Swiss crypto-financial services provider for high-net-worth individuals and institutional investors, has had a busy 2024. It celebrated its 11th anniversary and changed its senior ...
SVB and last year’s other bank failures put renewed focus on bank funding concentration and uninsured deposits ...
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.
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 ...
Starling’s growth in particular was substantial — its revenue rose from £13,000 in 2016 to £453mn in 2023, according to the ...
Private credit, which refers to loans from non-bank entities, has grown rapidly, offering investors higher returns and borrowers an alternative to traditional bank credit. Bloomberg predicts the ...