Banks have welcomed US President Donald Trump’s nomination of Michelle Bowman as the Federal Reserve’s vice-chair for supervision, with the American Bankers Association praising her as a “thoughtful, ...

Dmitri Galinov is chief executive of 24 Exchange, the first national securities exchange to be approved to offer trading of US securities 23 hours each working day. It aims to offer services to big ...

A banking group has asked the UK government to introduce time limits for pursuing claims at the Financial Ombudsman Service, an independent body that resolves complaints between consumers and ...

US President Donald Trump announced on Monday that he has nominated Federal Reserve governor Michelle Bowman as the central bank’s new vice-chair for supervision.

“Emirates NBD regularly explores growth opportunities, both organic and inorganic,” the bank said in a statement to the Dubai stock exchange on March 14. The Banker has approached Banque du Caire, the ...

UBS chief executive Sergio Ermotti was paid SFr14.9mn ($16.8mn) in 2024, maintaining his position as Europe’s highest-paid banking executive. His compensation slightly exceeded the SFr14.4mn he earned ...

Banks operating in the UK could be breaking the law in their efforts to diversify their workforces. Deutsche Bank and NatWest are currently advertising programmes ringfenced for women, but their use ...

Shanghai Commercial Bank is a subsidiary of the Taiwan-based Shanghai Commercial and Savings Bank. Together, the two banks partner closely with the Bank of Shanghai in mainland China and are part of ...

The European Central Bank has granted UniCredit approval to acquire up to 29.9 per cent of Commerzbank, representing a significant regulatory step towards a potential cross-border banking deal. The ...

Allica Bank is having a moment. The UK challenger bank, which posted its first full-year of profits in 2023 and is on track ...