A rapid expansion in finance is coming together in an excitable cocktail of risk and opportunity
As the focus shifts from blaming customers to shutting down scammers, most victims will receive automatic refunds. But is it enough?
Some companies are already planning targeted marketing
FCA says lender’s efforts to identify potential money laundering ‘did not keep pace’ with its growth
Senior management at UK’s premier Covid loan-arranger neobank were worse than useless, FCA finds
Italian lender sidestepped bank ownership rules to build 21% position in German rival
Eras in financial services end or recede with the incumbents always the last to find out
Tech group to roll out channel for sharing of transaction intelligence
Plus, how Andrea Orcel covertly built up a stake in Commerzbank and celebrities ditch BDO after ex-employee is accused of fraud
Co-heads of British lender’s investment banking arm seek to reduce reliance on debt underwriting
Chief Marc Rowan sets targets for private capital group to become one of world’s largest debt underwriters
Bloc’s officials say opposition to UniCredit’s move on German lender at odds with Berlin’s pro-EU stance
Handful of secretive businesses including Jane Street and Citadel Securities have seized market share from the old guard
New fraud rules will see some lenders dock customers’ compensation while others waive charges
Eraj Shirvani exits Swiss financial services company as it chases $2.3bn of debts still outstanding
Banks getting bigger may be attractive, but there are significant drawbacks — especially for the taxpayer
The controversial move on Commerzbank would be the first big cross-border deal in Europe since the financial crisis
Survey shows half of UK fraud victims gain at least a partial refund for their losses
An internal investigation is examining whether executives tipped off certain investors of upcoming secondary offerings
US lender seeks to win back business from asset managers that have targeted traditional banks’ most lucrative clients
German lender lays out standalone case as it lifts growth and profit targets
Fourteen major banks and financial institutions back COP28 goal of tripling nuclear capacity by 2050
Support for open-minded talks with Italian bank comes despite hardening political opposition to potential takeover
Young Indians are racking up personal loan and credit card debts
Current chief financial officer is sceptical about case for combining Italian and German lenders
