The Banker20h
Cyber security risk looms large for North American banks
The fast-moving world of cyber security — encompassing everything from zero-day exploits to data breaches and CEO hacks — was named a top risk for 87 per cent of CROs worldwide, as reported by The ...
The Banker1d
Citi mistakenly credits customer account with $81tn; ECB resolves multitrillion-euro payment system outage
Citigroup mistakenly credited $81tn instead of $280 to a customer’s account last April and took several hours to reverse the ...
The Banker1d
Climate finance looks to plug US-shaped hole
The move was ordered by Elon Musk’s so-called Department of Government Efficiency and, along with the US’s second withdrawal from the Paris agreement, it has raised serious concerns about America’s ...
The Banker4d
Israel’s Hapoalim banks on ceasefire dividend
The October 7 attacks spearheaded by Hamas, and subsequent military action by Israel in Gaza, plunged the Israeli economy ...
The Banker1d
The politics of planning for your own replacement
It is human nature. That feeling of infallibility and irreplaceability. The further one rises, the firmer these notions can take hold. Although UK regulators now place a requirement on banks to ...
The Banker5d
Built in the shadow of the 1980s: What’s next for Canary Wharf?
The HSBC logo perched at the top of 8 Canada Square has stared down on Canary Wharf for more than a quarter of a century. But ...
The Banker8d
‘They need to play catch-up’: US banks eye crypto under Trump
Trump repeatedly signalled his intention to make the US a crypto haven during his election campaign last year, to the ...
The Banker12d
Trump’s climate rollback: will US banks hold their ground?
For US banks that have pledged to be net zero by 2050, Trump’s rhetoric is more than just words. Will they push forward with ...
The Banker5d
US deregulation drive ‘dangerous’, warns Bank of France governor; BBVA raises sustainable lending target to €700bn
“Business opportunity in the second part of the decade will be driven by solid investment in infrastructure and by the ...
The Banker2d
Four things we learned from the EU’s plan to simplify sustainable finance
The omnibus aims to streamline corporate sustainability reporting under regulations, including the Corporate Sustainability Reporting Directive, the Corporate Sustainability Due Diligence Directive, ...
The Banker2d
ECB expected to approve UniCredit’s expanded Commerzbank stake; Switzerland may delay new UBS capital rules until 2028
New capital requirements for UBS could be delayed by years after Switzerland’s finance ministry announced plans on Wednesday to shift key decisions to parliament, with a possible referendum pushing ...
The Banker8d
Trump’s FDIC may permit new banks via controversial structure
Ensuring there are new entrants in the banking sector was among the first priorities listed by Travis Hill, the newly appointed Republican acting chair of the FDIC, in one of his first speeches in ...