Many of the world’s largest banks, including Citigroup, Goldman Sachs and Morgan Stanley, were quick to capitalise as the most prolific bookrunners on these deals. But Spacs have also attracted ...

Despite promising not to replace Jay Powell until his term as chair of the Federal Reserve ends in May next year, US President Donald Trump is losing patience with Powell’s cautious approach to ...

State Bank of India has reportedly selected a consortium of around half a dozen investment banks, including the Indian divisions of Citigroup, HSBC and Morgan Stanley, to manage its $3bn share ...

The World Bank, the Asian Development Bank, and the African Development Bank lead the transparency rankings for government projects. In terms of non-sovereign activities, the ADB takes the lead, ...

The UK government will consult on mandating “credible” climate transition plans for UK banks and large companies to help transform the country’s financial services sector into a “global hub” for green ...

Regulators must move quickly to ensure stablecoins do not slip through the cracks of traditional oversight, said Standard Chartered’s chief financial officer, Diego De Giorgi.

The Spanish government has imposed a three-year delay on BBVA’s ability to integrate operations with Banco Sabadell as a condition on its €14bn hostile takeover bid, in a move that could derail the ...

European banks’ pre-tax profits could fall by up to 30 per cent on average due to corporate credit losses stemming from Trump ...

While reputational risk is no longer part of the Fed’s formal supervision, the regulator expects banks to continue managing all risks to their financial soundness, including those linked to public ...

Santander UK is to outsource 67 roles from its financial crime team in the north-west of England to KPMG, which could result in a number of lay-offs. Impacted staff have been told the transfer to the ...

The Bank for International Settlements has warned that stablecoins fail to meet the criteria for sound money and are unlikely ...

Private credit faces mounting pressure to become more transparent as it seeks to attract new investors.