Even after becoming a household name during the Brexit campaign and its aftermath, Banks has largely kept away from the limelight, maintaining his businesses in Britain and South Africa while also ...

The European Central Bank has communicated to global investment banks the final headcount and set-up their trading desks will need to have in the euro area, bringing a formal close to efforts that ...

Among the major banks, which are bearing the brunt of Brexit vote this morning are Royal Bank of Scotland Group PLC (NYSE: RBS ), Barclays PLC (ADR) (NYSE: BCS ), JPMorgan Chase & Co. (NYSE: JPM ...

Global banks have increased the balance sheets of their German units to a new record as lenders move more of their business to the European Union in the wake of Brexit. Assets held by foreign ...

Yet, Brexit is widely believed to be negative for banks' profitability, not for their solvency. The ECB and BoE had vowed to provide as much support as needed to tide over Brexit.

Unfortunately, the Brexit vote is likely to exacerbate this trend. This is not to say that they won't, ultimately, normalize rates in the face of rising wages and potential inflation.

Brexit, crisis 'hangover' keep UK bank shares undervalued, minister says Credit: REUTERS/PETER NICHOLLS February 13, 2024 — 08:06 pm EST ...

Arron Banks, a British businessman who bankrolled one of the main campaigns for Brexit, hit back on Sunday after a report said his links with Russia went further and deeper than he had previously ...

FRANKFURT—A top European Central Bank official said Friday that central banks are ready to intervene if Britain’s vote to leave the European Union threatens financial stability, and called on ...

LONDON — The Bank of England laid out its hope Wednesday that European banks would continue to operate in Britain after Brexit in much the same way as they do now. In a statement, the bank said ...