Lloyds stays mum over rumoured Halifax phase-out
Lloyds Banking Group is tight-lipped on reports of scrapping the nearly 174-year-old Halifax brand. In a statement to Retail Banker…
19 May 2026
French regulator fines SocGen €20m over customer disclosure failings
France’s banking watchdog has levied a €20m ($23.3m) sanction on Societe Generale over disclosure failures affecting some retail clients, reported Reuters. In a statement, the Autorité de contrôle prudentiel et…
19 May 2026
UK sets out ring-fencing rule review
The Prudential Regulation Authority in the UK has disclosed plans to consult this summer on changes to rules governing shared operational services for ring-fenced banks, as part of a wider package of reforms to…
19 May 2026
India weighs lower reserve price to revive IDBI Bank stake sale
Indian officials are considering changes to revive buyer interest in the sale of a controlling stake in IDBI Bank, after the latest attempt to privatise the lender stalled, reported Bloomberg. Among the…
19 May 2026
Standard Chartered to cut over 15% of roles by 2030 as AI drive expands
Standard Chartered plans to reduce more than 15% of its job roles by 2030 as it steps up the use of artificial intelligence (AI) across its operations. The reductions are…
18 May 2026
Commerzbank rallies shareholders against UniCredit takeover offer
Commerzbank has turned down the takeover proposal by UniCredit, stepping up its opposition to the cross-border approach. UniCredit is now Commerzbank’s biggest shareholder and earlier this month submitted an offer…
18 May 2026
Emirates NBD receives all approvals for majority stake acquisition in RBL Bank
Emirates NBD has obtained the remaining regulatory and government clearances needed for its planned purchase of a controlling stake in RBL Bank, after receiving approval from the Government of India. …