Treasury Committee seeks answers on Lloyd’s Bank data breach
The Chair of the Treasury Committee has contacted Lloyds Banking Group following a technical malfunction last week that resulted in…
18 Mar 2026
OakNorth expands US hiring as Community Unity acquisition nears – report
OakNorth Bank is increasing recruitment in the US as it moves closer to completing its acquisition of Michigan-based Community Unity Bank, reported Bloomberg. The transaction, structured as an all-share deal…
18 Mar 2026
BMO to add over 145 branches in California and Arizona
BMO has revealed plans to open more than 130 new locations throughout California and around 15 in Arizona. The move follows an announcement made in October 2025 concerning new financial…
17 Mar 2026
Iute Group starts banking operations in Ukraine
Iute Group has officially launched its banking business in Ukraine under the brand IuteBank. Earlier this year, Iute Group acquired a local banking licence from a bridge bank. The acquisition included a transfer of certain low-risk assets…
17 Mar 2026
Commerzbank rejects UniCredit €35bn takeover offer
Commerzbank has turned down UniCredit's €35bn ($40bn) voluntary exchange offer, noting that the proposal is not “aligned" with its current strategy. The German lender also highlighted a lack of critical information regarding the terms…
16 Mar 2026
US Fed to lower capital buffers for major US banks
The Federal Reserve in the US is preparing to reduce capital requirements for large American banks, reversing some of the safeguards put in place after the 2008 financial crisis. The announcement came from…
16 Mar 2026
India halts IDBI Bank stake sale as bids miss target – report
The Indian government's attempt to sell a majority stake in IDBI Bank has been put on hold after the bids received did not meet the minimum price threshold, reported Bloomberg.…