UBS’s country head refuses to comment on whether Banco do Brasil has been given a ‘call option on the bank’s Brazilian IB business’.

Finance minister Olaf Scholz has laid out Germany’s negotiating position for the completion of banking union, a pre-requisite for much-needed consolidation.

It was a bold call to launch a specialist credit business in Asia in 2009, but SC Lowy celebrates its 10th birthday as an established figure in distressed debt and high yield not just at home but also increasingly in Europe. Events in India, however, where the firm holds a position in Essar Steel, are testing its patience and resolve.

Santander targets US retail deposits, as Goldman's Marcus finds online lending tougher than expected.

Russia’s leading private sector lender looks to mortgages to maintain pace of loan growth.

A merger is still CEO Martin Zielke’s only real hope.

The political and regulatory backlash has driven leading payments companies out of the Libra association, but a new version of the revolutionary stablecoin may yet appear.

The SoFi co-founder’s second act involves eliminating ‘rent seekers’ from the capital markets. Securitizing blockchain-originated loans will go some way towards demonstrating if it can be done.

Korea’s first two digital banks have had very different starts: one, kakaobank, is a clear success story; the other, K Bank, badly needs funding but is caught up in a problem around its would-be-biggest shareholder. Korea’s regulator is in it for the long haul and is inviting new digital banks to join them.