Banking

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...

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,...