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The Basel Committee on Banking Supervision’s “voluntary” framework for disclosing financial-related climate risks on banks’ balance sheets is a “serious step backwards” and a likely concession to the ...
The Swiss authorities said they would allow UBS to reduce its AT1 bond holdings by around $8bn, leaving it with an $18bn net ...
Citi rolled out the platform in Norway and Denmark and extended it to its operations in Ukraine earlier this year, and Sweden ...
The UK fintech boasted of having a market valuation of $1.1bn, “making it the first pre-revenue bank in history to attain ...
Barclays to cut more than 200 investment bank jobs; FCA announces launch of new private stock market
Barclays is preparing to cut more than 200 jobs in its investment banking business in the coming days, according to a ...
Like the factories of the Industrial Revolution that once powered the UK’s economic success, today the financial networks are ...
This week, the world gathers for the UN Ocean Conference in Nice, France, and its precursor the Blue Economy Finance Forum in ...
“France’s dynamic banking ecosystem, robust regulatory environment, and strategic position as a financial hub provide the ...
JPMorgan has warned incoming graduates that accepting another job within 18 months of joining the bank will result in ...
On the ESG front, Citigroup, BofA, Morgan Stanley, Wells Fargo, Goldman and JPMorgan have all exited the Net-Zero Banking ...
The Swiss government on Friday announced plans to tighten capital requirements for UBS, proposing that the bank hold up to $26bn in additional core capital following its state-backed rescue of Credit ...
Austria’s central bank is installing up to 120 ATMs in “cashless” rural areas as EU lawmakers continue to delay legislation securing the status of physical money, while other countries, including the ...
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