US dollar London interbank offered rate (Libor) administrator will keep main tenors of benchmark going until June 2023.
As the UK prepares to leave the EU single market, many banking employees face uncertainty.
Surge in mergers and acquisitions could reduce number of banks in the US over next decade, according to report.
After a global pandemic, a contested US election, trade tensions and civil unrest, a better 2021 seems within reach.
A Democratic administration has big implications for banks as corporate taxes could rise and supervision could become more demanding.
Banks in Asia received a record number of regulatory fines this year. What’s behind the rise?
Lenders' profitability set to weaken on the back of higher impairments and lower net interest margins.
Lenders seek secure system to share info about shadowy entities behind dirty money deals.
Banks entered Covid-19 crisis better capitalised than during the global financial crisis which should help them handle a surge in NPLs.
Bad loans expected to show up on banks' balance sheets in 2021, according to S&P Global.
Some market participants are lagging in their preparations to transition to alternative interest rate benchmarks.
South American country has seen rise in interest from foreign lenders amid a challenging environment.
Leaving the EU poses problems and opportunities for banks under the UK’s new regulation framework.
Higher taxes and tighter regulation may beckon as new administration shifts emphasis towards climate change and healthcare.
Tougher Covid-19 restrictions in Q4 could cause asset quality to deteriorate and NPLs to rise.
Central bank and EU authorities have been in talks to set up a ‘bad bank’ to absorb expected surge in NPLs from Covid-19.
Post-Brexit plans for financial sector focus on tackling climate change and promoting fintech.
Lenders must respond by November 12 to Bank of England request on whether in-house tech is ready for below zero rates.
Government support has mitigated credit risks but impact of Covid-19 second wave likely to ramp up pressure on lenders, says DBRS Morningstar.
Commercial banks should keep an eye on the development of central bank digital currencies: they could have a profound impact on the financial system and on banking business models.