Stefania Spezzati

The world's top investment banks are on track to post the highest revenue in five years from trading Israel's bonds and currency thanks to the volatility caused by the 14-month long war in the Middle East, data seen by Reuters show.

Several of Europe's biggest financial firms have cut back their links to Israeli companies or those with ties to the country, a Reuters analysis of filings shows, as pressure mounts from activists and governments to end the war in Gaza.

UniCredit is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with a European Central Bank order, months after filing an objection, people familiar with the situation told Reuters.

Barclays helped UniCredit build its stake in Commerzbank with derivatives, a source familiar with the matter told Reuters, a move that paves the way for the Italian bank to become the German lender's biggest investor.

UK regulators eased capital demands on Nomura Holdings Inc. that had been place after it lost $2.9 billion on fund Archegos, according to two people with knowledge of the matter, freeing up the firm from a punitive measure that curbed risk-taking.

U.S. banks could lose up to $35 billion in revenues in 2025 under current proposals for new capital rules that could "relevel the playing field" for European lenders, a study showed on Thursday.

Jan 24, 2024 ... The European Central Bank has asked some banks to closely monitor activity on social media to detect a worsening in sentiment which could ...

Britain’s top financial regulator has asked banks active in the so-called private credit market for details of their exposure to an area which it has identified as a top systemic danger, people with knowledge of the matter told Reuters.

Software firm SUSE, whose clients include Microsoft and BMW, told investors in January it was tightening its scrutiny of commercial deals.

A Swiss court is weighing whether to grant Credit Suisse investors access to more documents on a 16 billion Swiss-franc ($17.6 billion) writedown of the bank’s bonds, a move the lender has opposed, filings seen by Reuters show.