The Banker9h
How banks can tackle the hidden money mule epidemic
Money mule activity is a significant and growing risk for financial institutions. The National Crime Agency estimates that ...
The Banker10h
Markets slide as Trump slaps tariffs on Canada, Mexico and China; US reportedly considering Russia sanctions relief
US President Donald Trump’s long-threatened tariffs on Canada and Mexico came into force on Tuesday, sending US and European stocks down and prompting retaliation against US exports.
The Banker11h
Diversity is at the basis of meritocracy in Latin America
In 2013 when I founded WILL, together with a group of female leaders here in Brazil, we encountered some resistance, but a lot of recognition from the corporate world that something needed to be done ...
The Banker1d
Do or DEI: Donald Trump’s deadly attack on diversity
Just hours after a commercial airliner collided mid-air with a military helicopter near Reagan Washington National Airport, ...
The Banker4d
Citi mistakenly credits customer account with $81tn; ECB resolves multitrillion-euro payment system outage
Citigroup mistakenly credited $81tn instead of $280 to a customer’s account last April and took several hours to reverse the ...
The Banker1d
New defence bank launched to attract capital and fix ‘disastrous’ European procurement
The DSR Bank has the backing of former politicians and senior defence leaders in the US and Europe, including Lord Stuart Peach, UK chief of the defence staff, Mircea Geoanã, former deputy ...
The Banker1d
EU regulators learnt their M&A lesson, now governments must back consolidation
Indeed, further integration of the EU’s financial systems is at the top of the new commission’s agenda, with a Savings and Investments Union plan to get more European money into capital markets. The ...
The Banker1d
Crypto prices jump after Trump backs US ‘crypto reserve’; Deutsche Bank clashed with ECB over loan loss provisions
Cryptocurrency prices jumped after US President Donald Trump announced plans on Sunday for a US strategic reserve of digital assets. The initiative aims to establish a stockpile of cryptocurrencies, ...
The Banker4d
The politics of planning for your own replacement
It is human nature. That feeling of infallibility and irreplaceability. The further one rises, the firmer these notions can take hold. Although UK regulators now place a requirement on banks to ...
The Banker5d
Four things we learned from the EU’s plan to simplify sustainable finance
The omnibus aims to streamline corporate sustainability reporting under regulations, including the Corporate Sustainability Reporting Directive, the Corporate Sustainability Due Diligence Directive, ...
The Banker5d
ECB expected to approve UniCredit’s expanded Commerzbank stake; Switzerland may delay new UBS capital rules until 2028
New capital requirements for UBS could be delayed by years after Switzerland’s finance ministry announced plans on Wednesday to shift key decisions to parliament, with a possible referendum pushing ...
The Banker6d
DBS becomes first major Asian bank to announce AI-driven job cuts
DBS has become the first major Asian bank to say it will make significant job cuts as a result of its use of AI. The cuts come after Italy’s Intesa Sanpaolo said late last year that it could slash up ...