ECB weighs doubling banks’ minimum reserve requirement – report
The European Central Bank is examining whether to increase the share of funds that lenders must hold in a non-interest-bearing…
03 Jul 2026
Intesa Sanpaolo migrates core IT systems to Google Cloud
Intesa Sanpaolo Group has completed the transfer of its core IT systems to the cloud under a digital overhaul conducted with TIM and Google Cloud. The project was intended to…
02 Jul 2026
Lloyds confirms plan to scrap 173-year-old Halifax brand
Lloyds Banking Group will replace the Halifax brand with Lloyds, with existing Halifax customers due to move to the Lloyds app in the months ahead and their accounts set to…
02 Jul 2026
Freedom gets regulatory nod to buy 99.32% of Turkish Bank
Freedom Finansal Hizmetler has received approval from Türkiye’s Banking Regulation and Supervision Agency (BRSA) and the Competition Authority of Türkiye for its planned purchase of 99.32% of Turkish Bank. The…
02 Jul 2026
Identity fraud: Increasingly regionally specialised and AI-driven
Identity fraud is no longer evolving uniformly, according to research released by Microblink. Instead, fraudsters are increasingly tailoring their techniques to specific regions, document ecosystems, and verification systems while using…
01 Jul 2026
Emirates NBD in discussions to acquire HSBC Türkiye arm – report
Emirates NBD is in negotiations to acquire HSBC’s business in Türkiye, reported Bloomberg citing sources. The deliberations remain preliminary and there is no certainty they will lead to an agreement,…
01 Jul 2026
Kotak to acquire Deutsche Bank’s retail and wealth businesses in India
Kotak Mahindra Bank has entered an agreement to take over Deutsche Bank’s retail banking, affluent private banking and wealth management operations in India. According to Reuters, the deal is valued at over Rs 2.82bn ($29.79m). …