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Nationwide Building Society has appointed the former head of HSBC UK as its new chief executive.
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London Stock Exchange Group (LSEG) and India’s Yes Bank have signed a memorandum of understanding to work together on bond and equity issuance, with a special focus on green infrastructure finance.
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RBS’s plan for its investment bank assumes no revenue attrition in the division, despite further ambitious cost-cutting plans that will take out £2bn of costs in the next three years.
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The Romanian mortgage market is set for growth after local authorities amended its previously unusable covered bond law to bring it into line with the best standards in western Europe.
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UniCredit’s profits took a 30% hit in the third quarter, but the drop in core bank earnings was far more modest and its investment bank posted a year-on-year increase.
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The European Central Bank is working to close 122 loopholes available to national regulators that could allow regulatory arbitrage by banks between the 19 countries in the eurozone.