HSBC surprised the industry last week as news broke that it had fired investment bankers on the same day they were due to hear their bonus figures, and reportedly gave no bonuses to many it laid off.

Four of China’s largest banks will raise a combined Rmb520bn ($72bn) via share sales to investors including the country’s ministry of finance, in the latest measure to shore up confidence in the world ...

The Bank of London is six months late in publishing its annual accounts as questions persist over the financial health of the troubled UK fintech.

A year since the ransomware attack on UnitedHealth Group revealed holes in the healthcare giant’s cyber defences, I see similar cracks in another huge industry: banking. Can banks learn lessons from ...

The UK government must broaden its efforts to tackle authorised push payment fraud by holding telcos and social media ...

A spokesperson at the US lender told The Banker: “Jamie Dimon has said it is up to the board [when he leaves] and that he ...

In London, meanwhile, Goldman Sachs spent £1bn on its London headquarters when it opened in 2019, just before the Covid-19 ...

The guidance adjustments came as Lloyds enters the final stretch of a £4bn transformation plan — spearheaded by chief ...

Egypt’s first digital-only bank will launch in the second half of the year, hoping to secure a foothold among the 2mn young ...

One unexpected outcome of a shift towards higher tariffs could be a reconsideration of the US dollar’s dominance in global ...

Alexander Stiris, head of commercial banking, Europe, Middle East and Africa at Citi, said: “India is a place we have started ...

Dmitri Galinov is chief executive of 24 Exchange, the first national securities exchange to be approved to offer trading of ...