EU watchdog piles pressure on banks to better quantify climate risks
LONDON, Oct 12 (Reuters) - Banks may not be fully reflecting risks from climate change in their capital buffers and...
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EU gives nod to “world’s first” green bond standards
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
Banks behind 70% jump in greenwashing incidents in 2023 -report
A view shows skyscraper office properties at La Defense business and financial district near Paris, France, June 26, 2023. REUTERS/Stephanie...
StanChart argues for cutting ‘systemic’ sanctions busting claims from lawsuit
The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls/File Photo Acquire...
UK law firm Axiom Ince nears closure amid financial difficulties, police probe
A general view of skyscrapers in The City of London financial district seen from City Hall in London, Britain, May...
Dealmakers see rebound after US activity buoys global M&A volumes
NEW YORK, Sept 29 (Reuters) - Mergers and acquisitions activity globally showed few signs of improvement but a rebound in volumes in the United States - the world's biggest investment banking market - gave dealmakers hope of a sustained recovery in the near term.The total quarterly value of M&A fell slightly to $717.4 billion by September 28, according to data from Dealogic, from $738.1 billion last year during the same period.During the third quarter, U.S. dealmaking contributed to a larger-than-usual share of global activity and offset a decline in volumes...
Swiss govt appoints new SNB board member
The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. REUTERS/Denis Balibouse/File...
Ex-Deutsche Bank investment banker pleads guilty to crypto fraud
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Sept 19 (Reuters) - A former Deutsche Bank (DBKGn.DE) investment banker, who was charged in April with misappropriating funds from investors he wooed with promises of big returns from cryptocurrency trading, pleaded guilty on Tuesday, the U.S. Justice Department said.Rashawn Russell faces up to 30 years in prison when sentenced, the Justice Department said in a statement. As part of his plea agreement, Russell will be required to pay restitution in the amount...
UK offers $300 mln guarantee for Asia and Pacific climate fund
A Union Jack flag flutters in front of the Houses of Parliament in London, Britain, November 5, 2019. REUTERS/Hannah McKay/File...
Citigroup’s Europe unit CEO Braden to leave after 25 years, source says
Staff enter the Citigroup building in London's financial district of Canary Wharf November 18, 2008. REUTERS/Kevin Coombs/File Photo Acquire Licensing RightsLONDON, Sept 15 (Reuters) - Kristine Braden, CEO of Citigroup's main operations in continental Europe, is leaving the firm after 25 years as part of a wider organisational change announced by the U.S. bank earlier this week, according to an internal memo seen by Reuters.Braden was CEO of Citibank Europe and previously held a number of senior roles, including leading the Citigroup Global Markets Europe AG unit."I have had an...