Some European economies have now adopted negative interest rates for the longest period in history. The controversial policy has turned banks’ business models upside down, leaving economists unsure of their next move
In 2012, an international investigation confirmed that some banks had been rigging LIBOR to inflate their profits. With several financial markets publishing alternative benchmarks, the European Central Bank is aiming to consolidate its own
Faced with the prospect of continued low or negative interest rates, UBS has increased charges across its wealthy client base
Although many Europeans demand the latest technology from their banks, they remain surprisingly wary of the security features on offer
British multinational bank Standard Chartered announced its first share buyback in at least 20 years as quarterly profit rose
Ross McEwan, CEO of the Royal Bank of Scotland, has announced his resignation following a restructuring programme that returned the bank to profitability
Andrea Orcel will no longer take up the role of CEO at Santander after the Spanish lender revealed it could not fulfil his financial expectations
The Swiss bank is on trial in France for its role in a tax evasion scandal
There are approximately two billion people in the world who do not have access to a bank account. Improving financial inclusion among these individuals would provide huge benefits for the global economy
The head of UBS Wealth Management, Jürg Zeltner, will step down at the end of December, with former Commerzbank CEO Martin Blessing taking over the division
The CEO of Wells Fargo, John Stumpf, has said bad employees are to blame for the allegedly illegal sales practices employed at the bank
The European Commission is launching an investigation into former chairman Jose Manuel Barroso regarding his new position at Goldman Sachs
In a drastic effort to improve the bank’s stuttering performance, Barclays axes CEO Antony Jenkins and appoints new chairman John McFarlane in the interim
Europe is the fastest growing region in the world for global fintech investment as banks are advised to embrace innovation
With banks under more scrutiny than ever before, can reforms in accountability and transparency become more than corporate rhetoric?
The European CEO awards 2023 have now been announced, presenting our pick of the CEOs, companies and campaigns leading their sectors.