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Scandal-hit Credit Suisse considers creating single private bank

Credit Suisse Group AG is considering to centralize the management of its bankers to the world’s wealthy, reversing a regional structure put in place six...

Caixa bank to cut 6450 jobs in Spain’s biggest banking staff overhaul

Caixabank with its union spokesperson announced that they have agreed with unions to lay off 6,452 employees. And this will be the biggest ever...

130 countries back global minimum corporate tax of 15%

Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on where companies are taxed...

HSBC fund arm backs former Rosenberg Equities CEO in ESG startup

HSBC Asset Management, the fund arm of Britain’s biggest bank, said that it would take a minority stake RadiantESG. This is a women-led U.S.-based...

BoE sees no evidence yet to support climate capital charges on banks

The Bank of England Deputy Governor Sam Woods said that BoE does not have evidence yet to force banks to hold more capital to cover risks from...

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