Founded in 2016, Kroo positions itself as a socially conscious bank, through which De Gottardo hopes to “change the banking industry for the best”. He joined the new lender as chief risk officer in ...

Despite the turmoil, some European banks are boosting bonuses, with Deutsche Bank eyeing a 10 per cent increase for its investment bankers and Barclays planning a raise of up to 20 per cent after an ...

Bank financing for fossil fuels fell 18 per cent to $870bn in 2023, according to BloombergNEF, which pushed up banks’ energy supply banking ratio — how much clean energy they finance versus fossil ...

Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to ...

Is the UN-convened initiative dead in the water, or is the departure by US lenders an opportunity to strengthen the climate ...

“Banks have an inherent incentive to reduce their projected losses in the adverse scenario and, in turn, influence their ...

Matthew Blake is head of the Centre for Financial and Monetary Systems, and Matt Strahan is lead for private markets initiatives, both at the World Economic Forum As one of his last official acts, in ...

The Northern Endurance Partnership, which recently secured several billion pounds in debt financing, is developing onshore and offshore infrastructure to transport carbon dioxide from carbon capture ...

Dutch lender ING announced on Tuesday that it has agreed to sell its Russian operations to Moscow-based Global Development ...

Concerns are mounting about a likely increase in banking and financing litigation in the US this year, according to survey ...

The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir Keir Starmer has previously promised to “rip up the bureaucracy that blocks ...

Indeed, the fact that many leading global banks have decided to leave the Net-Zero Banking Alliance, a privately led group committed to “aligning their lending, investment, and capital markets ...