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Today: February 19, 2025
Today: February 19, 2025
Stefania  Spezzati

Stefania Spezzati

Staff Writer

Latest From Stefania Spezzati

Business|Europe|Finance

Barclays extends Chairman Higgins' tenure by three years

Barclays has extended the chairmanship of Nigel Higgins for another three years as the bank looks to push ahead with a turnaround plan unveiled last year, the

Barclays extends Chairman Higgins' tenure by three years
Business|Economy|Europe|Finance|US

US banks face $35 billion hit from 'Basel Endgame', says Oliver Wyman

U.S. banks could lose up to $35 billion in revenues in 2025 under current proposals for new capital rules that could "relevel the playing field" for European

US banks face $35 billion hit from 'Basel Endgame', says Oliver Wyman
Business|Economy|Finance

Analysis-A year on from Credit Suisse's rescue, banks remain vulnerable

A year after the banking crisis that felled Credit Suisse, authorities are still considering how to fix lenders' vulnerabilities -

Analysis-A year on from Credit Suisse's rescue, banks remain vulnerable
Business|Economy|Europe|Finance

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

Norway's sovereign wealth fund has backed UBS' plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing to investors by protecting them

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
Business|Economy|Finance

UBS urges Swiss government to clarify capital demands, sources say

UBS is pushing the Swiss government to clarify how much more the bank will need to hold in capital buffers after buying Credit Suisse, amid

UBS urges Swiss government to clarify capital demands, sources say
Business|Economy|Finance|Technology

Bank CEOs, huddled in private in Davos, worry about competition, economy - sources

Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private

Bank CEOs, huddled in private in Davos, worry about competition, economy - sources
Business|Economy|Europe|Finance

European banks' earnings in spotlight after big share price gains

Europe's biggest banks report their second-quarter earnings this week, with all eyes on whether the gains from

European banks' earnings in spotlight after big share price gains
Business|Economy|Finance

Deutsche Bank says commercial real estate remains under pressure

Deutsche Bank on Wednesday tempered exepectations for a recovery in the commercial real estate market and said it forecasts further pressure in the

Deutsche Bank says commercial real estate remains under pressure
Business|Europe|Finance

Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients, sources say

Switzerland's financial supervisor has been scrutinising how UBS vets risky wealthy clients that it wants to transfer from Credit Suisse,

Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients, sources say
Business|Finance

Orcel, the dealmaker determined to redraw Europe's banking map

Upon taking the top job at Italian bank UniCredit in 2021, Andrea Orcel, a veteran M&A adviser, vowed not to repeat the mistake he saw

Orcel, the dealmaker determined to redraw Europe's banking map
Business|Economy|Finance

Central bank body calls for more detailed monitoring of bank liquidity risks

Banking supervisors should ensure that individual entities of global banks have sufficient liquidity rather than just monitoring risks

Business|Europe|Finance

UniCredit in court limbo over ECB's Russia demands, sources say

UniCredit is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with a European Central Bank order, months

UniCredit in court limbo over ECB's Russia demands, sources say
Business|Economy|Finance|Stock Markets|Technology|US

Thiel's Palantir dumped by Norwegian investor over work for Israel

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the U.S. data

Thiel's Palantir dumped by Norwegian investor over work for Israel
Business|Finance|US

US scrutinizes Russia accounts UBS took over from Credit Suisse, sources say

The United States is pursuing an inquiry into Russian clients that UBS took on when it bought

US scrutinizes Russia accounts UBS took over from Credit Suisse, sources say
Business|Economy|Finance

Wall Street banks get a lift from trading Israeli currency, bonds

The world's top investment banks are on track to post the highest revenue in five years from trading Israel's bonds and currency thanks to the

Wall Street banks get a lift from trading Israeli currency, bonds
Business|Economy|Europe|Finance|US

UBS gets fresh US pensions licence fixing paperwork error, filings show

The U.S.

UBS gets fresh US pensions licence fixing paperwork error, filings show
Business|Europe|Finance

WhatsApp use by Credit Suisse staff scrutinised by UK regulator, documents show

The UK's Financial Conduct Authority is scrutinising allegations that some former Credit Suisse employees shared confidential information over the WhatsApp

WhatsApp use by Credit Suisse staff scrutinised by UK regulator, documents show
Business|Europe|Finance|Political

How secretive Swiss sought to keep a lid on the Credit Suisse crisis

Secret meetings, mistrust among officials and attempts to downplay the gravity of Credit Suisse's problems hamstrung

How secretive Swiss sought to keep a lid on the Credit Suisse crisis

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