Despite multiple rounds of layoffs in 2023, Goldman reported strong second-quarter profits, driven by solid performance in debt underwriting and fixed-income trading. The bank’s share price has surged ...

In 2008, Deutsche Bank acquired a 30 per cent stake in Postbank at €57.25 per share with the intention to buy the rest in ...

Nuno Matos, the bank’s head of wealth and personal banking, who was a leading contender for the chief executive role, is ...

Barring an almighty shock, the world’s most important central banker will cut US interest rates for the first time in more ...

Industry warns of unintended consequences as increasing taxes on banks is viewed as a ‘politically safe move’ despite ...

The domination of the Top 100 Arab Banks ranking by Saudi Arabia continues into 2024, with its 11 lenders accounting for just ...

However, Marshall adds that given the potential for large fines from regulators, as well as the risk of reputational damage, ...

Since assuming office at the start of 2023, Lula has accused the bank of maintaining high interest rates which, in his view, ...

Goldman’s appeal is the ninth time a US bank has challenged its stress test results since the Fed began allowing appeals in 2020. Previous appeals, including one by Goldman, were unsuccessful. Banks ...

Democratic presidential nominee’s past enthusiasm for more efficient payment methods unlikely to translate into new impetus for digital currency ...

Sovereign exposure in debt-distressed markets has grown from 13% to 20% of total bank assets over the past 12 years ...

UK financial watchdog’s internal policy aims to protect employees who raise concerns over potential wrongdoing ...