Banking

Italy has reached a deal with the European Commission to help sell its portfolio of non-performing loans, but analysts fear that the deal may have arrived too late

Italy makes ‘bad bank’ deal with EU

Italy has reached a deal with the European Commission to help sell its portfolio of non-performing loans, but analysts fear that the deal may have arrived too late

After months of agonising back-and-forth negotiations, Italy and the European Commission have finally come to an agreement on the country’s non-performing loans (NPLs). The deal will help to ease market pressure on the financial sector by unloading €3...

CoCo bonds show confidence drop in European banks

Investors are increasingly worried about European banks’ contingent convertible bonds

European banks have had a tough week within a difficult year. Many banks on the continent saw their stock value plummet, amid fears of global economic prospects and a chronic profitability crisis, stemming from lose ECB monetary policy. More worrying t...

HSBC sued for laundering cartel money

HSBC comes under pressure again amid a new lawsuit for supporting terrorist organisations

The families of US victims murdered by Mexican cartels are suing HSBC for helping the illegal enterprise to operate. The lawsuit claims that by knowingly laundering billions, the bank should be held responsible for a series of deaths in 2010 and 2011. ...

Italy has reached a deal with the European Commission to help sell its portfolio of non-performing loans, but analysts fear that the deal may have arrived too late

Italy makes ‘bad bank’ deal with EU

Italy has reached a deal with the European Commission to help sell its portfolio of non-performing loans, but analysts fear that the deal may have arrived too late

CoCo bonds show confidence drop in European banks

Investors are increasingly worried about European banks’ contingent convertible bonds

Unclear data leads India to assume better GDP results

GDP is seen as the be all and end all of economic progress, but often it’s just plain wrong

Saudi Arabia's budget has been under close scrutiny, but the Kingdom has survived tougher periods and will do so again

Realigning Saudi Arabia’s backbone

Saudi Arabia’s budget has been under close scrutiny, but the Kingdom has survived tougher periods and will do so again

KYC regulations challenge the banks

New trends in KYC banking regulations have led to a number of challenges that institutions must now contend with

Goldman Sachs loses hope for BRICS

After coining the term in the early 2000s, Goldman Sachs has ditched their in-house BRICS investment fund

HSBC comes under pressure again amid a new lawsuit for supporting terrorist organisations

HSBC sued for laundering cartel money

HSBC comes under pressure again amid a new lawsuit for supporting terrorist organisations

Deutsche Bank reports biggest loss since financial crisis

Litigation and restructuring costs cause Deutsche Bank losses to hit €6.8bn for 2015

Barclays to close branches and cut jobs worldwide

Staley steers Barclays through tough times with job and cost cuts