EU banking union would face further delay under a Le Pen-dominated French parliament
Progress on the EU’s long-gestating banking union is likely to face further delay if the far-right Rassemblement National comes to...
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EU banking consolidation still a distant prospect, say analysts –
Image: George Pachantouris/Getty Images The prospects for cross-border consolidation within the EU banking industry remain slim without further progress on...
EU capital markets and banking unions will gather pace post-elections, say experts
European banks may breathe a sigh of relief as the upcoming European elections are unlikely to lead to more capital...
Regulations insufficient to ensure stability of NBFI sector, says EU official
Risk management regulations for the banking sector are insufficient for ensuring the stability of the non-bank financial sector, said the...
Stable NBFI sector cannot be achieved using bank rules, says EU official
Risk management regulations for the banking sector are insufficient for ensuring the stability of the non-bank financial sector, said the...
HSBC shareholders expected to kickstart bigger bonuses across UK banking sector
HSBC shareholders are expected to approve a vote to formally scrap the bankers’ bonus cap at its annual general meeting...
EU banks’ profitability outlook has deteriorated, say authorities
The European banking industry faces a deteriorating outlook for asset quality and profitability, real estate vulnerabilities and “more aggressive” cyber...
Banking groups demand caution as EU advances on common deposit insurance scheme
Banking industry groups have asked for caution after the Committee on Economic and Monetary Affairs of the European parliament adopted...
UK women in banking and finance paid 9.3% less than men, says report
Women in the UK in the banking and finance industry are paid 9.3 per cent less than men working in a similar position, according to PwC’s annual Women in Work Index report published in February. The report assesses progress made towards achieving gender equality at work across 33 countries from the OECD. Considering the “gender pay penalty” by industry, the gap in banking and finance is higher than the 7 per cent average across all industries, but lower than in areas such as manufacturing. The gender pay penalty differs from the gender...
UK could have second-mover advantage in crypto asset regulation, say legal experts
The UK is behind the EU in finalising its regulatory regime, but this could be an advantage UK will expand...
