Those countries are facing a triple crisis. The economic and social impacts of climate change are becoming more frequent and more severe. The loss of nature and biodiversity are approaching dangerous ...

Italy’s UniCredit has closed its acquisition of a 90.1 per cent stake in Alpha Bank Romania from Greece’s Alpha International Holdings. The transaction, valued at approximately €255mn ($277.76mn), ...

CIBC’s interest in Luxembourg’s public sector business grew from a desire to extend its long-standing sovereign, supranational and agency expertise to a broader set of clients in Europe and Asia. The ...

Bettina Orlopp, Commerzbank CEO, speaks at the IIF during the annual meetings of the IMF and World Bank in Washington © Ting ...

Overall stricter IRRBB requirements in the EU are putting European banks in a better position to withstand interest rate ...

Taken as a whole, the 240 banks represented in The Banker’s Top Islamic Financial Institutions for 2024 registered a 9 per ...

Project mBridge is a blockchain-based payments ledger, which is designed to support real-time, cross-border payments and ...

Ahead of the formal opening of its banking sector to foreign investors, Ethiopia awarded a mobile money licence last May to Kenyan mobile operator Safaricom, enabling it to launch its influential ...

Spanish bank Sabadell concluded its €365mn lawsuit against US private equity group Cerberus on Monday in London’s High Court. As reported by the Financial Times, the case stems from Cerberus’s alleged ...

The region has seen bright banking spots despite strong inflation, subdued global trade and the impact of tighter monetary policies aimed at curbing inflation ...

Boosted by strong capital and liquidity levels, most lenders are well-positioned for sustained growth as economic headwinds subside and opportunities in emerging sectors, such as renewable energy and ...

Krupa, formerly the manager of the bank’s US business, took over the reins of the bank last year, with a view to restoring its fortunes after a long-running series of misfortunes, including the losses ...