Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...

A US banking industry group has urged the Office of the Comptroller of the Currency to repeal its 2024 M&A policy statement in line with a move made by the Federal Deposit Insurance Corporation ...

European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...

Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with ...

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

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

Neo-incumbents, burdened by size, often miss emerging opportunities. The next wave of digital banking innovation lies in ...

The UK Financial Conduct Authority has said the next steps to progress open banking in the UK will include a new independent firm to “drive forward” variable recurring payments, following the lead of ...

Italy’s small and medium-sized enterprises banking market could be shaken up by Banca Ifis’s surprise €298mn bid for Illimity.

Fair access’ rulemaking intended to prevent politically motivated denial of services is expected to see a resurgence under new administration ...

Among the new economic initiatives recently rolled out is a new securities exchange, the Ethiopian Securities Exchange, or ESX, planned for launch on January 10. For decades, Ethiopia’s financial ...

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 ...