Barclays is considering a strategic overhaul to enhance profits and reduce costs by potentially dropping thousands of clients at its investment bank. The restructuring, codenamed Minerva, has been discussed in several meetings this year. CEO…

Nordea Bank Abp has successfully executed a share repurchase program, bolstering its treasury stock as a strategic move to optimise capital and facilitate employee remuneration. The transactions, carried out on Sunday, were conducted across multiple…

Nineteen major banks in North America and Europe have collectively invested a substantial €9.4 billion ($10.27 billion) in cryptocurrencies, as disclosed by the Basel Committee on Banking Supervision (BCBS). The committee's latest findings are part…

Blackstone Inc. is poised to make a significant acquisition, nearing the final stages of securing a substantial $17-billion commercial property loan portfolio from the Federal Deposit Insurance Corporation (FDIC). This strategic move comes in the…

It seems like Commerzbank has obtained the Crypto Custody Licence, making it the first full-service bank in Germany to do so. This license, granted under Article 1 Section 1a Sentence 1 No 6 of the…