There’s still barely any sign of life in Banco Santander’s once buzzing London headquarters, almost a year and a half since the bank first sent staff home. The lights are off, chairs upturned. The ...
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JPMorgan Chase’s huge tech spending is renowned in banking. Euromoney speaks to the firm’s chief data and analytics officer Teresa Heitsenrether about how the bank is using large language models ...
From small beginnings as the offshoot of a British merchant bank in 1969, Macquarie has become the world’s largest infrastructure asset manager, a powerful investment bank, a global commodities player ...
One of the paradoxes of banking’s enthusiasm for generative artificial intelligence (gen AI) is that the technology has excelled more in words than numbers. The ChatGPT model that triggered all the ...
While an increasing number of central banks are shifting their focus from retail to wholesale central bank digital currencies (CBDCs), China’s e-CNY, a retail CBDC, has shown notable progress, despite ...
Christian Sewing has turned Deutsche Bank around. The firm has a resilience now that would have seemed unlikely when he was appointed chief executive five years ago. By his own admission, some of the ...
Ten years ago, when Stefan Ermisch moved to Hamburg to become chief financial officer of HSH Nordbank, the banking champion of Germany’s largest port was in deep crisis. It looked like it could only ...
Not long ago, Miami was known as a place middle-class Americans went to retire. Today, it is a burgeoning financial hub full of high net-worth families, private equity firms and hedge funds – and it ...
Sir David Scholey (DS) joined SG Warburg in 1965, becoming deputy chairman in 1977 and chairman in 1980. Today, he remains a senior adviser to UBS. Peter Spira (PS) joined SG Warburg in 1957 and was ...
It is a year since Indian prime minister Narendra Modi turned his country’s transactional finances upside down with his demonetization programme. The dust has now settled. People will argue for years ...
Citi’s trajectory over the past 15 years has epitomised the much wider changes in the global banking industry. Until the sub-prime crisis, the group had consumer franchises spread across 50 countries ...