Emmanuel Macron’s centrists expected to slump to third place in snap parliamentary elections
Group is latest Wall Street lender to change pay policy after curbs dropped in post-Brexit push to boost City of London
Alleged drug traffickers fed $36,000 into cash machines, indictment claims
Chief of Japan’s biggest brokerage and investment bank says he expects a generational shift with savers becoming more adventurous
Industry leaders say concerns over impact of technology are outweighing benefits such as productivity gains and cost cuts
Banks said they would return excess capital to shareholders after Fed concluded they could withstand a severe downturn
Carlos Torres is confident the Spanish bank’s €10bn pursuit of its smaller rival will succeed
Big banks are trying to be more integrated. Will it work?
Central bank concerned that risks in sector backing 2mn UK private-sector employees could spill over to rest of economy
This year’s assessments involved a theoretical scenario of 10% unemployment during a severe recession
Move builds on long-term strategy by Switzerland’s biggest lender to sell more banking services to ultra-rich clients
Glint from bank’s ‘crown jewel’ division cannot hide other blemishes
Auction attracted some of the biggest names in private credit
Banks and law firms in line for bumper payouts after working on Daniel Křetínský’s bid
Country has an unspoken limit on how high banker pay can go before sparking public disapproval
Christopher Willcox earned over 3 times the amount made by the Japanese bank’s chief executive
Plus, the Spanish banking takeover battle in uncharted territory and Blackstone tries to fend off hedge funds pushing for a higher Hipgnosis bid
Quantitative easing appears to have cost British taxpayers at least twice as much as equivalents in the US, Europe and other advanced economies
Technology will have profound impact on global financial system, says Bank for International Settlements
Plus, Adnoc’s drawn-out courtship for one of Germany’s largest companies and private credit giant HPS plots its next move
US bank seeks to take share of business from Goldman Sachs and Morgan Stanley
BBVA insists it can extract synergies from €10bn takeover of Spanish rival Sabadell even if Madrid blocks a merger
Jonathan Kaye was placed on leave after clip of altercation with apparent Palestinian supporters appeared on social media
Imposing another de facto tax on the sector through Bank of England reserves would undermine the party’s pro-business shift
Analyst says fund will be first in Europe to rely so heavily on artificial intelligence to aid stock selection
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