In an interview with CNBC on Tuesday, Trump said that JPMorgan asked him to close long-standing accounts he held with the bank within 20 days and that Bank of America declined a $1bn deposit. “I ended ...

Banks that finance the expansion of coal-fired blast furnaces for steelmaking risk mounting climate litigation, regulatory penalties, and long-term credit and investment risk, environmental ...

The hedges swap interest rate risk for a fixed margin, and mean banks have remained boosted by net interest margins, which is the difference between the interest charged on loans and paid out on ...

The European Central Bank approved all applications to conduct so-called significant risk transfers in the last five years, despite growing concerns around the market. Significant risk transfers allow ...

Barclays and HSBC’s NZBA exits are not procedural; they expose fundamental issues with banks’ climate commitments ...