Since China’s stimulus efforts, there have been calls for a more radical approach to supporting the economy. Economists have suggested as much as Rmb10tn ($1.4tn) is needed via the release of special ...
In response, banks are becoming innovative in how they support their clients in their environmental, social and governance goals, tying the products and services they offer to environmental targets.
The recent lift in banks’ performance is largely down to rising interest rates, McKinsey said in its Global Banking Annual Review 2024 published on Thursday, adding that the market is sceptical of ...
European governments’ gradual sale of shares in banks that were nationalised during the global financial crisis could encourage a wave of mergers and acquisitions, according to Scope Ratings.