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Italy’s UniCredit wins ECB approval to take control of Germany’s Commerzbank
A full integration would create one of Europe’s largest cross-border banking combinations since the global financial crisis.
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European banks raid Wall Street to close the investment banking gap
Barclays recruited Bank of America's Mike Joo to co-lead its investment bank, the latest senior hire from a US rival by a European lender that has been losing ground…
Dutch bank ABN Amro to cut 5,200 jobs by 2028 in AI-driven overhaul
ABN Amro, the State-backed Dutch lender, has unveiled plans to slash 5,200 full-time positions – nearly a quarter of its workforce – by 2028.
Swiss bank creates stir by charging customers 3 per cent negative interest
Swiss bank Postfinance has shocked investors with news of a 3 per cent negative annual interest rate on certain types of deposits.
Switzerland’s biggest bank UBS threatens to shift HQ to US
Switzerland’s biggest bank says new rules at home could push it abroad.