Hints and tips:
Related Special Reports
...UBS executives are working to complete the merger of the bank’s legal entities with those of Credit Suisse by the end of May, according to people with knowledge of the plans, just over a year after the Swiss...
...Lloyds Banking Group said it could not comment on individual customers but complied with sanctions laws....
...Until then, the Barclay family, whose stake in the group was seized by Lloyds Banking Group, retain technical ownership of the newspaper, but with no operational control....
...The increasingly complex transactions risk confounding western regulators hunting trade in restricted goods as Russian entities and their counterparties add more transactions separating buyer and seller,...
...to manage their EU business with local staff rather than relying on London-based decision makers, urging banks to move “sufficiently senior key risk-takers and proper reporting lines into the European entity...
...Sherrod Brown, an Ohio Democrat who chairs the Senate banking committee, on Monday asked US President Joe Biden to investigate Nippon’s business relationships in China, according to a letter obtained by...
...Sabadell has a big roster of small business clients while BBVA is strong in retail banking and serving big corporate clients....
...While the combined entity would be just shy of Santander’s €73bn market capitalisation, it would have a business more heavily weighted towards Spain, its home market....
...Similarly, the UK water sector has relied on “whole business securitisations”, and byzantine corporate structures, like Thames’s interlocking system of holding, operating and financing entities, which seem...
...Fragmentation would mean that you could not operate as an integrated entity in different countries....
...“Even though people liked the macro economic picture [in the UAE], apart from the banking sector there were limited ways to play the growth story, the outlook and diversification plans,” added Malik....
...How are you communicating with the entities? What expectations do you as a large shareholder have for that entity?”...
...If not by regulatory decision, then the EU (and others) could pass legislation requiring CBR deposits to be split off into new banking entities to insulate the financial system from risks....
...Scope handed Greensill Bank, the group’s German banking unit, a strong A- credit rating in August 2019, in a report that touted the Bremen-based lender’s very high capitalisation and liquidity....
...Other banking activities can leave the institutions open to these geopolitical risks — cryptocurrency operations, for example....
...“China has been worried for some time that the US might increase sanctions on China, particularly in the banking arena, because of its support to Russia during the war,” said Dennis Wilder, a former CIA...
...The Saudi central bank and its capital markets authority instead regulate different elements of the banking sector....
...Their roles will be reassessed when the UBS and Credit Suisse legal entities are merged this year....
...Revolut has appointed a new chief executive to lead its UK entity as one of the country’s most valuable fintechs awaits a key final decision on its bid for a banking licence in its home market....
...BBVA argues that Sabadell’s small business clients complement its strengths in blue-chip corporates and retail banking....
...the pair unveiled a merger between their stockbroker Panmure Gordon and competitor Liberum, creating a combined entity that generated about £70mn in revenue last year, according to people familiar with the...
...France’s central bank intervenes whenever someone is debanked or cannot access banking services in the first place, for example....
...Running the two brands in parallel with separate legal entities, boards and banking licences over the medium term is bound to be a management distraction....
...Other global banks have reported sharp falls in the profits of their Chinese investment banking entities and are becoming more cautious about doing business in the country....
...Luke McNamara, deputy chief analyst at Mandiant Intelligence, Google Cloud’s cyber security business, adds that “entities within the financial sector” can also be a target for “espionage actors”, such as...
International Edition