Simon Foy

Shortlisting of two bank executives signals change of tack after series of external hires

Executives discussing options including shorting basket of artificial intelligence stocks or using derivatives to transfer risk

Consultation on proposed mis-selling compensation plan launched by regulators this month

Filippo Gori will hand over to Conor Hillery and Matthieu Wiltz but remains co-head of global banking at Wall Street lender

Replacement for Mike Regnier likely to be announced early next year following recruitment process

Ex-employees seeking damages over quashed convictions in Monte dei Paschi di Siena scandal

Italian bank open to a permanent increase in number of German representatives if it takes over rival lender

Chief executive expected to be named as defendant alongside bank in damages claim brought by ex-employees

German lender may take space in prominent YY building on South Colonnade that now displays the fintech’s logo

Wall Street bank has hired about 100 managing directors from competitors including Goldman and Citi

Move sets up clash between metals magnate and creditors including UBS that are owed hundreds of millions of dollars

Bank had set internal goal of reducing headcount to 85,000 from peak of 119,000

Swiss bank resolves outstanding obligations relating to US probe linked to 2008 financial crisis

Twin warnings to Rome and Madrid come as Brussels steps up efforts to revive consolidation

Civil lawsuit in Germany reveals Christian Sewing’s role in audit that contributed to six bankers being convicted in 2019

Risk chief says overzealous banking regulation could ultimately cost continent tanks

Spanish lender sounds out bidders for British arm as it seeks to fend off hostile takeover from BBVA

Filippo Gori had moved to London from Hong Kong last year but is relocating

Regulators’ previously confidential report reveals fresh details of Swiss bank’s ties to financial services company

Largest single severance payment of €11.2mn in pool split between 2,100 staff at seven banks since 2018