ING intends to cut around 230 senior executive roles across its wholesale banking unit. In a letter to staff on Monday, seen by The Banker, Andrew Bester, head of wholesale banking, said the cuts were ...

The Reserve Bank of India’s decision to allow Japan’s Sumitomo Mitsui Banking Corporation to obtain a 20 per cent share in Yes Bank may open the door to greater foreign bank o ...

Citi expects that as the platform matures, each deployment will become faster and cheaper. Where the solution has been rolled out, Citi has reduced manual interventions by around 35 per cent, with a ...

“These once-in-a-generation reforms will help people navigate their financial lives and give them greater confidence to ...

The World Bank, the Asian Development Bank, and the African Development Bank lead the transparency rankings for government ...

Regulators must move quickly to ensure stablecoins do not slip through the cracks of traditional oversight, said Standard ...

HSBC is considering a global policy requiring employees to work from the office at least three days a week, as it aims to ...

The Bank for International Settlements has warned that stablecoins fail to meet the criteria for sound money and are unlikely ...

Investment banks’ deep dislike for staff working from home is becoming increasingly clear, with lenders making significant ...

The European Commission has published long-awaited proposals to boost the role banks play in the securitisations market to ...

The first AT1 bonds were issued by European banks in 2013. “Since then, issuance in Emea has ramped up to a cumulative ...

Generative AI’s pitfalls were clear during a recent incident whereby an AI co-pilot designed to intercept bugs in ING’s code ...