Banking

Major US banks are intensifying efforts to secure additional easing of Basel capital requirements, arguing that proposed regulations could unnecessarily constrain lending and reduce the competitiveness of the American banking sector. The latest push...

Italian lender UniCredit is advancing toward a transformative acquisition of Germany’s Commerzbank, potentially creating Europe’s largest banking transaction since 2008–09. UniCredit holds approximately 42 per cent of Commerzbank’s equity directly,...

The Bank of Japan has increased its policy interest rate to 1.0 per cent from 0.75 per cent, marking the highest level in 31 years and signalling a shift away from decades of ultra‑low interest rates. The decision, approved by a 7‑1 board vote,...

Barclays has agreed to acquire the UK business of GoHenry, a digital money management platform for children aged six to eighteen, in a move designed to strengthen its youth banking franchise and cultivate long-term customer relationships. The deal,...

Federal authorities have opened a broad inquiry into whether several major U.S. banks, including JPMorgan Chase, Bank of America and Wells Fargo, improperly closed customer accounts for political or non‑financial reasons. The investigation,...

The United Kingdom, alongside Canada, France, Australia, New Zealand and Norway, imposed coordinated sanctions on 9 June 2026 targeting entities and individuals financing Israeli settler violence in the West Bank. The measures include asset freezes,...

Santander executive chair Ana Botín has criticised the UK’s banking tax regime, arguing that higher taxes on lenders risk undermining economic growth and reducing the sector’s ability to support investment. Her comments have reignited debate over...

Fresh restrictions on offshore banking activity in China have raised concerns across the banking sector, triggering a sharp decline in the shares of several UK-listed lenders with significant exposure to Asian wealth management markets. The move...

Revolut is taking a significant step towards becoming a fully fledged banking institution in the United States, with plans to launch a federally regulated bank offering FDIC-insured deposit products alongside digital asset services. The move...

Nine major UK banks have been offered access to OpenAI’s cybersecurity model GPT-5.5 Cyber after being denied participation in previews of rival Anthropic’s Claude Mythos system. The development highlights the banking sector’s growing focus on...

European banking leaders are backing efforts to deepen the region’s capital markets, arguing that reforms could unlock substantial investment opportunities and strengthen the long-term competitiveness of the banking sector. The push comes as...

Major banks in the United States and United Kingdom are expected to gain more than $1 trillion in additional balance sheet capacity as regulators move towards easing post-financial crisis capital rules. The shift marks a significant change in...

UK bank lending to businesses has fallen to its lowest level in nearly three decades, underlining mounting pressure within the country’s banking sector as economic uncertainty continues to affect corporate borrowing demand and credit conditions. The...

First Carolina Financial Services has filed for a US initial public offering, reflecting improving confidence across regional banking markets as lenders return to public capital markets following years of sector volatility and tighter financial...

Morgan Stanley has introduced stricter technology measures for bankers travelling between Hong Kong and mainland China, reflecting growing concerns across the financial sector over data security, regulatory compliance and geopolitical risk...

Lloyds Banking Group is considering retiring the Halifax brand from Britain’s high streets, signalling a major shift in the group’s long-term retail strategy. The move would mark the possible end of one of the UK’s most familiar banking names as...

The UK government is preparing to relax banking ringfencing rules introduced after the global financial crisis as ministers attempt to stimulate lending and support economic growth. Treasury officials believe easing restrictions separating retail...

The US Treasury Department has instructed American banks to strengthen monitoring of suspected Iranian money-laundering networks as Washington expands financial pressure on Tehran amid continuing regional instability. The move reflects the Trump...

UK banks are intensifying efforts to improve climate risk reporting as regulators increase scrutiny of how lenders assess environmental threats across their operations and balance sheets. The growing focus reflects concerns that climate-related...

Major US banks are accelerating cybersecurity upgrades after Anthropic’s advanced artificial intelligence model, Mythos, exposed weaknesses across financial institutions’ technology systems. The development has heightened concerns among regulators...