The FDIC said overall loan growth remained subdued, rising just 0.5 per cent quarter on quarter and 3 per cent year on year, falling short of the 4.9 per cent pre-pandemic average.

At present, the group’s main use case for AI is hyper-personalisation, in line with other banks in the region. “We don’t have ...

At the Houlihan Lokey One conference in New York in May, which focused on private markets, the mood around the consumer sector was noticeably more negative than for fintech or financial services.

UniCredit chief executive Andrea Orcel said on Tuesday the bank is prepared to let its €14bn takeover offer for its smaller domestic rival Banco BPM lapse, as regulatory hurdles and government-imposed ...

Anita Hawser joined Barclays’ AGM in London and found a mix of disillusioned retail shareholders nostalgic of the old days (and higher share price), pro-Palestine protesters disrupting the gathering, ...

Financial fraud results in annual losses of more than £1bn for UK consumers and the financial sector, despite banks’ growing efforts in preventing the misuse of payment systems.

The chief executive of Banco BPI, the Portuguese arm of Spain’s CaixaBank, has pushed back against concerns over Spanish influence in Portugal’s banking sector, saying foreign investment has been ...

See the full rankings as well as the region’s top 10 banks scored by performance ...

Overall, only seven of the 30 banks in the ranking recorded a Tier 1 capital decline. Profitability, however, was patchier across the region. Thirteen banks in the overall ranking recorded a decline ...

Not all joint ventures in private credit between banks and alternative asset managers will survive, say analysts and bankers. The sheer number of partnerships competing for business, combined with a ...

UniCredit said on Friday it plans to file a claim with Italy’s administrative court to assess the legality of conditions ...

The chief executive of NatWest has dismissed concerns that the lender’s increased use of artificial intelligence will lead to a reduction in headcount at the UK bank, a stance that contrasts with ...