The European Central Bank (ECB) has contributed to the EU's ongoing simplification agenda by endorsing a series of recommendations for simplification of the EU prudential framework. A total of 17 ...

Many of us can remember a panicky moment when we wondered if our bank deposits were safe. For lots of people, that day came last spring when Silicon Valley Bank collapsed, leaving $150 billion of ...

This outlook was written by Bloomberg’s Regulatory Affairs team. While there is a new focus on ‘Deregulation’ and ’Simplification’ for regulators globally, the regulatory landscape is likely to become ...

NEW YORK, Sept 13 (Reuters) - Citigroup C.N CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank.

Investment banking is one profession within the financial services industry that is salivating at the chance to use generative artificial intelligence to lighten the workload. The field has been using ...

As banks enter 2025, the industry finds itself in a paradox. Digital has made banking more efficient, but it's also made it more impersonal. AI holds the key to solving this paradox As banks continue ...

The European Central Bank has concluded its review of regulatory rules governing the region’s financial system and plans to reveal its findings in the coming days, according to President Christine ...

Catherine Bessant’s journey to the CIO role at Bank of America wasn’t your standard ascent through the ranks of IT. Bessant, now Global Technology and Operations Executive, leads a team of more than ...

ISTANBUL, July 25 (Reuters) - The Turkish Central Bank said on Tuesday it had set the monthly growth limit for lira commercial loans at 2.5%, down from a previous 3%, excluding export, investment and ...

Suncorp Group has reported that during the first half of the 2022 financial year it continued to simplify its digital assets across all three business divisions, namely insurance, banking and wealth, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When the banking system seems shaky, people and ...