A Deutsche Bank analysis lays bare the impact on Europe’s banks – but highlights their crucial role in the recovery

COO Brian Brooks is to take over as acting Comptroller from June 1 as Otting completes his two-and-half year term

Open banking users expected to hit 40 million by end-2021, while payments forecast to total $9 billion

McKinsey warns on the elevated risk of increased losses as the pandemic-induced unemployment rate rises

Technology companies have continued to roll out new or enhanced services for corporate and individual customers

Historically high levels of debt could lead to losses at lenders in the coming months, says a new Federal Reserve report

Leaders should be prepared to support long-term remote working in case of a second spike in virus cases, Deloitte says

The SBA has published details of how borrowers using the $669 billion lending program can have their loans forgiven

Financial institutions are now quickly shifting priorities to ensure they are equipped to conduct business in a changing environment while also dealing with the effects of a health crisis

Fraudsters have significantly expanded phishing campaigns to include COVID-19 messaging