Bank shares drag Wall Street lower as US earnings season disappoints; BBVA partners with UAE’s Alterra on climate fund
Bank shares dragged Wall Street lower on Wednesday as the US earnings season opened with underwhelming results from…
BNY raises profitability targets after strong earnings; Central bankers show ‘full solidarity’ with Powell in joint statement
Today’s need-to-know storiesBNY raises profitability targets after strong earnings BNY raised its medium-term profitability targets after reporting fourth-quarter…
ECB warns European lenders over US dollar exposure risks; Bank of France chief calls for easing of EU capital buffers
European lenders with exposure to the US should expand their liquidity and capital buffers in case of a…
Fed’s Bowman to cut supervision division by 30%; Spain to cede bank merger oversight to ECB after EU criticism
Today’s need-to-know storiesFed’s Bowman to cut supervision division by 30% Federal Reserve vice-chair for supervision Michelle Bowman plans…
Trump nominates Travis Hill as permanent FDIC chair; BoE’s Bailey softens stance on stablecoins
President Donald Trump has nominated Travis Hill, the acting chair of the Federal Deposit Insurance Corporation, to permanently…
US Treasury’s Bessent urges major bank capital rule overhaul; Corporate loan demand up across Eurozone, ECB finds
US Treasury secretary Scott Bessent on Monday called for sweeping reforms to what he described as an outdated…
Fed proposes rating overhaul to ease path for US bank M&A; India weighs landmark banking reforms to fuel economic growth
Today’s need-to-know storiesFed proposes rating overhaul to ease path for US bank M&A The Federal Reserve has proposed…
JPMorgan threatens to fire analysts who accept future-dated job offers; ECB’s Lagarde ‘determined’ to complete her term
Today’s need-to-know storiesJPMorgan threatens to fire analysts who accept future-dated job offers JPMorgan has warned incoming graduates that…
UniCredit ready to let €14bn Banco BPM takeover lapse; Lagarde may have planned early ECB exit for top WEF post
UniCredit chief executive Andrea Orcel said on Tuesday the bank is prepared to let its €14bn takeover offer…
US deregulation drive ‘dangerous’, warns Bank of France governor; BBVA raises sustainable lending target to €700bn
Today’s news in briefUS deregulation drive ‘dangerous’, warns Bank of France governor Bank of France governor François Villeroy…
UniCredit receives ECB and Bank of Italy approvals for Banco BPM bid; China to inject $72bn into big four banks
UniCredit has received regulatory clearance from both the European Central Bank and the Bank of Italy for its…