The move comes after recent exits by Barclays and HSBC, and follows the withdrawal of major US banks including JPMorgan, Citi and Morgan Stanley, raising fresh doubts over the future of the ...

Close Brothers was one of the lenders most exposed to the scandal, with around 20 per cent of its portfolio dedicated to car ...

Banks that finance the expansion of coal-fired blast furnaces for steelmaking risk mounting climate litigation, regulatory penalties, and long-term credit and investment risk, environmental ...

The hedges swap interest rate risk for a fixed margin, and mean banks have remained boosted by net interest margins, which is the difference between the interest charged on loans and paid out on ...