A complex review of car finance commission payments in the UK has created uncertainty for the country's biggest banks heading into 2025. Key decisions from the Financial Conduct Authority (FCA) and the Supreme Court next year could result in billions of pounds in compensation payments and costs to banks related to resolving complaints over past car-lending practices . Lloyds Ba...
READThe potential €12 billion tie-up of Spanish lenders BBVA and Sabadell has spurred hopes for more M&A among big European banks. Source: David Ramos/Getty Images News via Getty Images Europe. Mergers and acquisitions in Europe's banking sector are prepared for takeoff in 2025, as lenders plan to capitalize on strong profitability to significantly expand and transform their busine...
READUS and European investment banks are likely to see higher 2024 returns on equity as operating margins in advisory and underwriting recover, driven by rising revenues. The average posttax return on equity (ROE) across equities and fixed-income sales and trading, as well as advisory and underwriting activities, at the 12 largest global investment banks is projected to reach 10.6%...
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