German lender’s retail business told investors it would fall short of long-standing goal for 2025
Government sells final shares after rescue at height of financial crisis
‘This is a sensitive trade-off that has not always been well managed in the banking industry’
Spanish government referred hostile banking bid for full cabinet review
Move likely to raise concerns among hedge funds and private credit groups of greater regulatory scrutiny
While an easing of capital rules is intended to boost banks, it could also bolster the huge bets of leveraged hedge funds
Swiss lender’s chief risk officer Oliver Bartholet to ‘retire’ at the end of the year after series of scandals
Lending to buyout firms and private credit groups is up 20% in a year to $1.2tn
Zurich-based bank using OpenAI and Synthesia models to create lifelike avatars of its experts
BNP Paribas, CaixaBank and Lloyds have all highlighted the potential upsides in recent weeks
Swiss court says government did not have legal authority to strip bankers of payouts
Decision by Swiss regulator focuses on failure to detect or act on suspicious activity between 2009 and 2019
Italian bank is circling Banco BPM and Commerzbank but says it will only do deals that improve its ‘standalone’ position
Spanish bank has since raised €7bn from sale of Polish stake as it pivots from Europe to Americas
Biggest quarterly profits for over a decade come as German lender fends off interest from Italy’s UniCredit
Several transactions are on the table with billionaire investors, overseas shareholders and domestic politicians all affected
Swiss bank admits it violated previous deal with the US justice department
Deal with Vienna-based Erste Group cuts exposure to country with few connections to Spanish bank’s biggest markets
UBS, BNP Paribas, SocGen, Barclays and Deutsche Bank reported €13bn in combined first-quarter trading revenues
Government will now have final say on deal that could make banks a force in Spanish loan market
Banks become the latest to benefit from volatility triggered by Donald Trump’s aggressive trade policy
Germany’s largest lender boosted by strong performance in investment banking
Italian investment bank’s bid for Banca Generali offers something to please most of the parties involved
Buyout firms snapped up German banks after the financial crisis. With OLB sale, Apollo has finally managed to exit one
Anything that relies solely on capital wizardry to make sense is probably not worth doing in the first place
