Standard Chartered shares fall as finance boss exits for Apollo Banking The finance boss of Standard Chartered has made a swift exit from the bank as he takes up a top job at asset manager Apollo. Diego De Giorgi, who joined the bank in September 2023 before becoming chief financial officer in January 2024, stepped down to lead Apollo’s European, Middle East and Africas region. The [...]
UK bank ramps up fight for savers after rebrand Banking The battle to bank Britain’s savers has ramped up with the arrival of a new name, set to challenge ‘easy access’ incumbents such as JP Morgan’s Chase, Goldman Sachs’ Marcus and fintechs like Oaknorth. The former UK arm of Jamaica National Group, previously dubbed JN Bank UK, has revamped its operations after being sold in [...]
Basel 3.1: New rules will make UK banking more resilient Opinion The implementation of Basel rules in the UK, published today,marks a major step forward for the banking sector, writes David Bailey.