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Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lender
The RBI is stepping up efforts to crack down on the consumer-finance sector
JPMorgan chief says he would ‘love to be president, but you’d have to anoint me’
Analysts estimate changes could require between $15bn and $25bn of additional capital for the lender
CFPB boss warns over competition and financial stability as Capital One and Discover pursue $35bn merger
Competition in savings and mortgage markets and rate cut expectations weigh on margins
Deal with Atlas SP comes after private capital group acquired unit from Credit Suisse
Regulator says sector needs a consolidated view to avoid a repeat of Archegos fiasco
Record profits at lender will bolster state coffers to help fund war on Ukraine
Leading players look to partner with banks rather than be their adversaries
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenues
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continent
Debt instrument has been in spotlight since holders of Credit Suisse additional tier 1 bonds lost $17bn last year
Proposals would demand asset managers show they are not seeking to control lenders in which they have large stakes
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheld
Irish banks put crisis era behind them as state cuts holdings
City-state keen to bolster its image as a reliable financial centre at a time of rising US-China tensions
Dealmaking may have picked up but there is still a need for caution after a protracted slump
More firms may be seeking listings in the next year
All borrowers are equal, but some . . .
Trading revenue for secretive New York firm rivals sums generated by Wall Street banks
A deal would see the private-equity controlled lender eventually return to mutual ownership
Bank has reduced Russian loan book but profits and headcount have increased since full-scale Ukraine invasion
Plus, Raiffeisen Bank touts Russian growth in job ads and an investment banking boost in the US
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