UK challenger Metro Bank has been fined £16.7mn by the Financial Conduct Authority for failing to address flaws in its automated anti-money laundering system installed in 2016. The FCA said that ...
What is fortunate for Lazard’s 2030 strategy is that analysts expect its operating performance to improve in 2024 and 2025 after a challenging 2023 for the advisory division.
Italy’s UniCredit has closed its acquisition of a 90.1 per cent stake in Alpha Bank Romania from Greece’s Alpha International Holdings. The transaction, valued at approximately €255mn ($277.76mn), ...