UK’s FCA sets out mortgage rule changes aimed at widening access
The Financial Conduct Authority in the UK has proposed changes to mortgage rules that could make borrowing easier for first-time…
09 Jun 2026
HSBC chief says human judgment will remain central in banking – report
HSBC CEO Georges Elhedery said bank employees would continue to play a central role despite the growth of AI. “I need human judgment, I need human decision making, I need…
09 Jun 2026
Santander chair Ana Botín criticises UK bank tax policy
Santander executive chair Ana Botín has criticised the UK’s tax treatment of banks, arguing that the current system “makes no economic sense”. Speaking to the Financial Times, Botín said that…
08 Jun 2026
Top US banks unite on new tokenised deposit network
A group of top US banks, including JPMorgan and Citi, are forming a shared tokenised deposit network. The initiative will connect blockchain networks with traditional payment systems, enabling large-scale clearing and…
08 Jun 2026
Türkiye to merge three state-owned banks
President Recep Tayyip Erdoğan said Türkiye will combine its three state-owned participation banks, presenting the move as part of a broader effort to expand the role of interest-free finance in…
08 Jun 2026
Intesa counters Banco BPM with €30.6bn offer for Monte dei Paschi
Intesa Sanpaolo has put forward a cash-and-share offer worth €30.6bn ($35bn) for Monte dei Paschi di Siena after Banco BPM’s merger of equals proposal for MPS. Intesa said that, if…
05 Jun 2026
Japanese regional banks scale back in China and turn to Southeast Asia and India
Japanese regional banks are shrinking their operations in China and looking increasingly to Southeast Asia and India, Nikkei Asia has reported. The move comes as labour costs rise in China…