The region’s banks seem likely to continue to weather economic storms
Decline connected to concerns over SLBs’ efficacy
The gender gap in Europe’s financial sector remains clear despite record numbers of high earners
Mortgage market prime for a comeback
Asset quality set to deteriorate further as high interest rates and geopolitical tensions persist
Heightened reliance on common third-party providers could increase risk of cyber attacks
Bank of America, Citi and JPMorgan the largest US lenders to meat, dairy and feed corporations, says report
European banks issued less than half the AT1s by value in Q1 2024 versus last year
High-profile collapses were just one challenge the industry faced in 2023
Regions recorded their third-highest year for VC investments since 2016, despite a global slowdown
The top 10 prime brokers serve the largest proportion of hedge funds, says S&P Global Ratings
Policy commitments not effectively translated into concrete actions
The lifting of the UK bankers’ bonus cap risks worsening the gender pay gap
A rise in investment and imposter scams has been aided by AI tools, says FTC
VCs are shying away from south-east Asia, with interest dropping by 51 per cent from 2020 to 2023, says a new survey
New research predicts growth of only up to 2 per cent until 2025
European peers are outperforming the UK in bringing gender parity among senior roles
The PRA intends to publish a second policy statement with specifications on a number of requirements in Q2 2024
Interest rates and inflation combined with geopolitical tension to sabotage investor confidence
Smaller and mid-sized banks are increasingly concerned about liquidity risk, says a recent IIF survey
Despite a drop in the number of deals, a marked rise in median deal value led to an overall boost for the sector
Credit to China remained substantially lower at end-September 2023 compared to mid-2021
But despite the global downturn, there were some notable bright spots
In the first quarter of 2024, banks expect a small net increase in demand for loans to firms — for the first time since the second quarter of 2022
Facebook Marketplace scams currently account for 73% of all purchase fraud cases at the bank.
As laid bare by stress test results, relevant credit growth in China is unlikely as it could further undermine banks’ loss absorption capacity.
The growth of credit in Turkey has suffered in the past few years, though it showed more dynamism last year.