LONDON, Sept 28 (Reuters) – The Bank of England on Thursday set out a reform of capital rules for insurers to “unlock tens of billions of pounds” for investments in…

HONG KONG, Sept 28 (Reuters) – HSBC (HSBA.L) is set to acquire Citigroup’s (C.N) China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter…

Financial giant elevates banker who has worked at the firm for 17 years, as veteran Fernando Rivas retires. JPMorgan Chase & Co. is promoting a 17-year insider to lead the…

Today brings the launch of Vaultik, the first Web3 luxury fintech solution to combine EU regulation compliant, blockchain secured digital ID with e-certificate of ownership and on-chain insurance. It protects…

(Bloomberg) — Wells Fargo & Co. and Centerbridge Partners are joining forces on a direct-lending fund, the latest in a flurry of bank efforts to gain share in the $1.5…

Deutsche Bank has appointed Dominik Hennen as Head of Personal Banking. The business unit comprises the retail activities of both the Deutsche Bank and Postbank brands, serving the majority of…

Higher interest rates net negative for Old Mutual Insurer posted an 8% dip in half-year profit Interim dividend up 28% year-on-year JOHANNESBURG, Sept 27 (Reuters) – South African insurer Old…

Sept 27 (Reuters) – Crypto companies are descending on Capitol Hill on Wednesday, but their push to advance industry-friendly laws is likely to be overshadowed by a fight over the…

ZURICH, Sept 27 (Reuters) – UBS shares fell on Wednesday after a report that the U.S. Department of Justice has stepped up scrutiny into alleged compliance failures that helped Russian…

Several European central banks look set for a pause, but resurgent inflationary pressures and slowing growth may complicate the job ahead. Governor of the Bank of England Andrew Bailey attends…