Banking

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...

UBS is preparing to pilot everyday banking services in the United States as part of a broader strategy to deepen relationships with wealthy clients and strengthen its position in the world's largest wealth management market. The initiative marks a...

Lloyds Banking Group has announced plans to phase out the Halifax brand after more than 170 years, marking a significant strategic shift in the UK's retail banking landscape. The decision reflects a broader trend among financial institutions to...

British bank shares are expected to continue outperforming their European counterparts, according to analysts at Berenberg, reflecting growing investor confidence in the earnings outlook and capital strength of the UK banking sector. The assessment...

The Bank of England has published a policy statement and draft rules for systemic stablecoins, signalling a major development in the UK's approach to digital finance and banking regulation. The proposals aim to ensure that stablecoins used at...

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...