Steven Arons

ING Groep NV said negative attitudes toward sustainability and diversity initiatives could ultimately pose risks to its business.

A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters.

DWS Group Chief Executive Officer Stefan Hoops said he alone is to blame for the slow growth in the asset manager’s private credit business.

Italian construction tycoon Francesco Gaetano Caltagirone increased his stake in Anima Holding, positioning him for more influence in the wave of dealmaking that’s washing over the country’s financial services industry.

Societe Generale SA Chief Executive Officer Slawomir Krupa replaced several top managers as he seeks to draw a line under a disappointing performance at the French retail business.

BlackRock Inc. Chief Executive Officer Larry Fink urged Europe to continue unifying its banking market, while stopping short of commenting on a potential combination of Commerzbank AG and UniCredit SpA.

An influential Commerzbank AG investor urged the lender to engage in talks with UniCredit SpA, as the government in Berlin acknowledged there’s little it can do should the Italian rival continue to raise its stake.

BNP Paribas SA agreed to buy HSBC Holdings Plc private banking operations in Germany, as the French lender seeks a bigger slice of the nation’s growing market for wealth management.

Andrea Orcel’s audacious move on Commerzbank AG caught many in Germany unawares. On Friday, Berlin hit back.

Societe Generale SA took another step toward reducing its business in Africa, joining a long list of European lenders who have retreated from the continent.