ECB sets out plan to simplify EU bank rules
The European Central Bank (ECB) has released a set of proposals intended to improve banks’ capacity, and that of the wider financial…
The European Central Bank (ECB) has released a set of proposals intended to improve banks’ capacity, and that of the wider financial…
BAWAG has agreed to purchase Permanent TSB Group Holdings (PTSB) in a cash transaction valued at about €1.62bn ($1.9bn). The offer is for all issued and to be issued shares…
Nir Zuk, the founder of Palo Alto Networks, has struck a deal to acquire California-based Liberty Bank, reported The Wall Street Journal, citing sources. The transaction is intended to provide a base for developing AI tools for the…
The UK’s Financial Conduct Authority has set out a framework for open finance, under which individuals and companies would be able to permit broader use of their financial information in order to…
The Bank of England (BoE) has revised its guidance on handling bank failures, introducing an alternative bail-in mechanism that changes how bondholders may be compensated during a rescue. The central…
Lloyds Banking Group has started using a specialist AI system in its boardroom, in what is understood to be a first for a UK-listed blue-chip business, The Times reported. Senior…
Nova Ljubljanska banka (NLB) has revealed plans to make a voluntary public cash offer for Addiko Bank, seeking control of the lender through the purchase of all issued shares at…