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 ...

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 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 ...

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 ...

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 ...

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

Newly inaugurated US President Donald Trump has also called on EU Nato member countries to significantly ramp up defence spending from an existing target of 2 per cent to 5 per cent of GDP.

State-based armed conflict has jumped to the number one risk for 2025 from eighth last year, followed by concerns about extreme weather and geoeconomic confrontation, according to the World Economic ...

Concerns are mounting about a likely increase in banking and financing litigation in the US this year, according to survey data from law firm Norton Rose Fulbright, prompted by last year’s Loper ...