Italy’s UniCredit has closed its acquisition of a 90.1 per cent stake in Alpha Bank Romania from Greece’s Alpha International Holdings. The transaction, valued at approximately €255mn ($277.76mn), ...

CIBC’s interest in Luxembourg’s public sector business grew from a desire to extend its long-standing sovereign, supranational and agency expertise to a broader set of clients in Europe and Asia. The ...

Spanish bank Sabadell concluded its €365mn lawsuit against US private equity group Cerberus on Monday in London’s High Court. As reported by the Financial Times, the case stems from Cerberus’s alleged ...

Taken as a whole, the 240 banks represented in The Banker’s Top Islamic Financial Institutions for 2024 registered a 9 per ...

Overall stricter IRRBB requirements in the EU are putting European banks in a better position to withstand interest rate ...

Ahead of the formal opening of its banking sector to foreign investors, Ethiopia awarded a mobile money licence last May to Kenyan mobile operator Safaricom, enabling it to launch its influential ...

Despite digital advances and geopolitical fragmentation, there appears to be little appetite for a rival to Swift outside ...

Project mBridge is a blockchain-based payments ledger, which is designed to support real-time, cross-border payments and ...

Santander included the results of its UK unit in the group earnings. Net profit in the UK fell 18.6 per cent year on year in ...

Earlier this year, the FCA asked more than 1,000 regulated financial services firms, including 181 banks, to report all ...

The region has seen bright banking spots despite strong inflation, subdued global trade and the impact of tighter monetary policies aimed at curbing inflation ...

For all the talk of the green transition, getting one’s hands on concrete plans that clearly set out how a bank and its ...