The Banker2d
Gary Gensler to step down as SEC chair in January; US sanctions Russia’s Gazprombank
The US sanctions coincide with the expiration on January 1 of contracts for Russian gas transiting through Ukraine to European countries, including Slovakia and the Czech Republic. Treasury secretary ...
The Banker2d
Global banks building tech and regulatory capabilities on Scottish foundations
This is the Tradeston campus, opened by Barclays in 2021 to be the bank’s latest global centre for “functions, technology and ...
The Banker2d
How Mizuho will play against the Trump card
Not every financier is fortunate enough to have worked at the legendary investment bank Salomon Brothers, which was depicted in Michael Lewis’s book Liar’s Poker. Slava Slavinskiy did in the 1990s, ...
The Banker3d
Explainer: Why the Trump card cannot be pulled on Gary Gensler
The most favourable scenario from Trump’s point of view is likely to be that Gensler resigns in the near future, as his tenure ends only in 2026. Trump would then be able to immediately appoint an ...
The Banker3d
BBVA offers commitments to get Sabadell merger approved; UK’s FCA to consult on car finance complaints extension
Spanish lender BBVA announced a series of commitments on Wednesday aimed at gaining antitrust approval from the country’s competition regulator the CNMC for its proposed hostile takeover of Banco ...
The Banker3d
EU stress test forecasts €630bn bank losses from climate and macro shocks
Under this scenario, banks’ financial losses totalled more than €630bn, an increase of almost 90 per cent on losses (€343bn) under the baseline scenario. The baseline stress scenario saw the EU’s ...
The Banker3d
In conversation with World Bank president Ajay Banga
In this special episode of The Banker podcast, editor in chief Silvia Pavoni sits down with World Bank president Ajay Banga for an in-depth discussion on market uncertainty following the recent US ...