Banking

The rapid expansion of artificial intelligence is creating a new set of challenges for global financial stability, with regulators warning that the scale of investment behind the technology could introduce vulnerabilities across markets. While AI...

Amazon is raising about $5.76 billion through its first sterling bond sale, attracting more than $16.26 billion of orders as it broadens funding beyond the US market. The transaction comes as technology groups issue record amounts of debt to finance...

UK banks could reduce excess collateral requirements by as much as 30 per cent through wider use of tokenised assets. The potential savings point to a meaningful shift in how financial institutions manage liquidity, capital and secured market...

European banks are preparing for a longer period of elevated interest rates after Deutsche Bank revised its outlook and now expects the European Central Bank to keep tightening through December. The shift matters for lenders because higher rates can...

Citigroup could receive final approval for its wholly owned China brokerage business as early as September, ending a regulatory wait that has stretched nearly five years. The licence would deepen Citi’s onshore securities presence at a time when...

U.S. Bank is expanding its business banking operations across Florida, Georgia, Texas and Arizona, extending its commercial reach into several high-growth US markets. The move reflects a broader effort to win more deposits, lending relationships and...

Thirty-nine US state banking associations have formed the BankChain Alliance, a nationwide effort to build shared blockchain infrastructure for regulated banks by 2027. The project moves blockchain further into mainstream banking, with an emphasis...

Santander has completed its acquisition of Webster Financial Corporation, expanding its retail and commercial banking presence in the United States. The transaction gives the Spanish group greater scale, a stronger deposit base and broader exposure...

A mobile banking disruption affecting Lloyds Bank, Halifax and Bank of Scotland left customers struggling to access essential banking services, including account information and everyday transactions. The outage highlights the operational...

World Liberty Financial has taken a significant step towards establishing a regulated foothold in the US banking sector after its affiliated trust company received preliminary conditional approval for a national trust bank charter. The decision...

Revolut has secured a French banking licence, strengthening its European expansion strategy and allowing the British financial technology company to deepen its presence across key western European markets. The licence was granted by France’s banking...

HSBC's latest earnings have placed the bank at the centre of a broader debate over how periods of strong banking profitability should be treated. Robust financial performance and increased shareholder distributions have prompted renewed calls for a...

For America’s smallest banks, regulation can be more than a compliance issue, it can determine whether lending remains profitable. The Trump administration is easing requirements for community banks, aiming to release resources for loans while...

The Bank of England may keep its policy rate unchanged, but British banks are unlikely to experience the same stability. Market expectations are already influencing mortgages, corporate loans and funding costs, creating a banking environment where...

Wise's unsuccessful bid for a US national trust bank charter highlights the increasingly demanding regulatory standards facing financial technology companies as they seek to expand into mainstream banking and compete more directly with established...

Fifth Third Bank and U.S. Bank are preparing to close branches in the Cincinnati area, highlighting how major lenders are reshaping their physical networks as digital banking becomes increasingly central to customer behaviour and long-term cost...

Mastercard is evaluating the sale of a majority stake in Vocalink, a move that could reshape the ownership of the United Kingdom's core payments infrastructure and influence the future governance of one of the country's most critical banking assets....

UniCredit's pursuit of Commerzbank has entered a decisive phase, bringing Europe's most closely watched banking takeover closer to reality. After building a 47.6% holding in the German lender, the Italian bank is approaching effective control,...

Italy has appointed four major international banks to manage the sale of a new three-tranche bond denominated in U.S. dollars, as Rome prepares to tap global debt markets subject to favourable conditions. The Treasury said on Monday that BofA,...

A renewed debate over bank taxation has placed the UK banking sector back at the centre of economic policy discussions, with trade unions and industry leaders divided over proposals to increase the tax burden on lenders. The discussion follows calls...