Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to shareholders dropping to €106mn, a 92 per cent fall from the same period ...

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 ...

Is the UN-convened initiative dead in the water, or is the departure by US lenders an opportunity to strengthen the climate ...

“Banks have an inherent incentive to reduce their projected losses in the adverse scenario and, in turn, influence their ...

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.

As one of his last official acts, in December US President Joe Biden approved the transfer of $20bn to a new World Bank-administered fund for Ukraine. This transfer is part of a larger $50bn loan ...

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 ...

Concerns are mounting about a likely increase in banking and financing litigation in the US this year, according to survey ...

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 ...

The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir ...

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