As Covid-19 support measures are phased out, lenders have the capacity to manage exposures and limit loan losses.
Banks should take sympathetic and positive approach when considering an SME client’s financial position.
Over the past 10 years, almost 21,000 branches have closed in Spain. By comparison Germany has closed 14,000, while Italy has shuttered 10,000.
UK regulators are developing diversity policies and planning to roll them out in a way that will affect every corner of every bank.
Bank profitability forecast to improve in the near term on the back of a decline in provisions after a pandemic-related spike in 2020.
Influential new authority could have direct supervisory powers and will seek to improve co-ordination between national supervisors.
Recent legislation signals the US government’s determination to root out financial crime, regardless of where it may originate.
Reliance on net interest income as a key driver of operating revenue could lead to ongoing profitability weakness.
Spain has a unique opportunity to rebuild its economy in a greener, more robust way.
The US investment bank is looking to bar non-vaccinated staff from its New York offices, allowing it to remove remaining restrictions.
A government-backed securitisation scheme has helped turn Italian banks’ balance sheets around. But as Covid-19 support measures ease, bad loans are expected to rise.
A UK high court decision means that if a bank wants to bind customers into a compensation scheme, it needs to consider what is a ‘fair level’ of compensation.
Demand for digital-only services has flourished, but many people still prefer to pay their salaries into an incumbent high street bank.
Critics say proposed minimum capital requirements will disadvantage EU banks and hamper the eurozone’s recovery from Covid-19.
By shoring up their capital levels before the pandemic, Italy’s banks weathered the worst of the economic slump.
Portugal’s central bank governor Mário Centeno on the resilience of the country’s economy and the likelihood of bank consolidation.
IT and compliance roles are in demand, as banks digitalise operations and grapple with the post-Brexit regulatory landscape.
Ambitious scheme seeks to boost growth and drive reforms, but it will require sustained political support.
How investors, big brands and the government can improve British fashion.
The broad definition of ‘involvement’ in corruption should give banks pause for thought.