UK budget – financial services sector reaction
It is, says the government, a budget to support working households and UK businesses. Critics will argue that it represents…
26 Nov 2025
Entries closing soon for RBI Asia Trailblazer Awards 2026
Retail banks and finance institutions across APAC have entered the final stage to submit entries for the RBI Asia Trailblazer Awards 2026, with the deadline set for 10 December 2025.Recognised as one…
26 Nov 2025
US agencies issue final capital rule for banks
US federal bank regulatory agencies have issued a final rule that changes certain regulatory capital standards for large and notable banking organisations. The Federal Deposit Insurance Corporation (FDIC), Federal Reserve…
26 Nov 2025
ABN Amro to axe 5,200 jobs by 2028 to reduce costs
ABN Amro has announced plans to cut 5,200 full-time positions by 2028 as part of a broader strategy to reduce costs and focus on its core business activities. The Dutch…
25 Nov 2025
DBS revises Alliance Bank stake proposal to 30% for Malaysian approval
DBS Group Holdings revised Alliance Bank stake proposal after its initial application to acquire up to 49% of Alliance Bank Malaysia was not approved by the Malaysian central bank, reported…
25 Nov 2025
Revolut completes share sale, achieves $75bn in valuation
Revolut has announced the completion of secondary share sale, valuing the company at $75bn, which is a 66% jump from 2024. The fundraising transaction was spearheaded by Coatue, Greenoaks, Dragoneer,…
24 Nov 2025
EU issues warning to Italy over its ‘golden powers’ in banking sector
The European Commission has issued a formal warning to the Italian government over its 'golden powers' legislation, raising concerns that the rules over some takeover deals in the banking sector…