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, ...

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

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

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 ...

UK-headquartered peer Barclays introduced a minimum three-day office attendance rule earlier this year. Wall Street lenders ...

Eduardo Savastano, a former Citigroup wealth management banker, is set to acquire around 90 per cent of Banco Masventas, a ...

The European Commission has published long-awaited proposals to boost the role banks play in the securitisations market to ...

The first AT1 bonds were issued by European banks in 2013. “Since then, issuance in Emea has ramped up to a cumulative ...