UniCredit was financial adviser to TIM, with a focus on determining the post-deal capital structure. The KKR-sponsored transaction to acquire NetCo required financing of €10.5bn, underwritten by 11 ...
US bank stocks surged to their highest level since before the collapse of Silicon Valley Bank on Friday, driven by better-than-expected earnings from JPMorgan and Wells Fargo. Despite reporting ...
Asian financial institutions’ slow adoption of Legal Entity Identifiers could leave them at risk of paying higher transaction costs and missing business opportunities, unless regulation steps up and ...
HSBC chief executive Georges Elhedery is planning significant cost-cutting measures that could save up to $300mn by reducing the bank’s top management layers, the Financial Times reported on Thursday.
The allegations at ANZ Bank, reports The Banker’s sister publication Banking Risk & Regulation, include manipulation of bond markets, massaging trading data to win a government contract, work meetings ...
Global banks are experimenting with generative artificial intelligence tools to tackle intractable legacy issues that their workforce is either unable or reluctant to address, or that works out ...
UK chancellor Rachel Reeves is set to meet with bank chiefs this week amid concerns that her upcoming budget could increase the tax burden on the sector. The talks, scheduled for Wednesday, will ...