South Korean and Japanese lenders with stakes in Vietnamese banks could be the biggest winners from the liberalisation of the country’s foreign ownership rules, given western lenders have retrenched ...

The chief executive of NatWest has dismissed concerns that the lender’s increased use of artificial intelligence will lead to a reduction in headcount at the UK bank, a stance that contrasts with ...

HSBC has warned employees in its UK retail and commercial banking division that they risk cuts to their bonuses if they fail to meet office attendance requirements, according to a Bloomberg report on ...

“Qatari banks are well capitalised and profitable, and we expect this to persist in the next 12 to 24 months,” says Juili ...

A draft version of the government’s banking reform bill, due to be published on June 6, is expected to require UBS to fully ...

Research from the UK regulator published on Friday shows that approximately 3.5mn adults relied on high-cost credit in the 12 ...

HSBC’s UK chief executive Ian Stuart told members of parliament on Tuesday that cyber security has become the bank’s single largest cost, as it faces relentless attacks from online criminals.

Donald Trump’s executive order in February calling for a plan to establish a US sovereign wealth fund was short on details ...

Overall, digital channels accounted for 66 per cent of the bank’s new client acquisition in 2024. Mobile penetration across this user base has hit 75 per cent, while monthly logins and transaction ...

In 2022 BNP Paribas set an ambition in its current growth, technology and sustainability plan for 1,000 AI use cases to be in production, and to generate €500mn in AI value, by the end of 2025. BNP ...

Senior US Democrats have criticised the chief executives of leading financial institutions, including JPMorgan, Citigroup, Bank of America, Wells Fargo, Morgan Stanley and Goldman Sachs, for pulling ...

Positioning itself as “a digital bank with branches”, Banorte has focussed its strategy on a customer-centric approach with high degree of personalisation, fast implementation of innovative ideas, ...