Europe’s antitrust chief urges EU to support cross-border bank mergers
Teresa Ribera, Europe’s antitrust chief, called on EU governments to support cross-border bank mergers as part of efforts to complete…
18 Jun 2026
HSBC signs AI deal with Google Cloud
HSBC has entered into a multi-year agreement with Google Cloud to develop and introduce AI tools across its worldwide business. The arrangement is intended to speed up the use of AI-based working methods…
18 Jun 2026
Revolut expands in Middle East with UAE licences
Revolut has been granted a stored value facilities (SVF) licence, and a retail payment services (category ii) licence by the Central Bank of the United Arab Emirates (CBUAE). The decision follows the…
17 Jun 2026
Spain opens antitrust proceedings against six banks over mortgages
Spain’s competition authority has started disciplinary action involving the country’s six listed banks, including Santander and BBVA, over suspected anti-competitive conduct in the mortgage sector. The CNMC is looking into whether some executives…
17 Jun 2026
EBA sets out plans to simplify EU bank capital framework
The European Banking Authority (EBA) has released a review of the EU framework governing bank capital in supervision, macroprudential policy and resolution, setting out a series of proposals intended to make the…
17 Jun 2026
Germany rejects UniCredit’s share exchange offer for Commerzbank
Germany’s federal authorities have refused UniCredit’s proposal to swap shares for a stake in Commerzbank, reaffirming opposition to any deal between the two banks. The decision was taken by the interministerial…
16 Jun 2026
eToro weighs acquisitions and banking licence – report
eToro is preparing potential acquisitions and exploring a move into conventional payments services that may eventually involve applications for banking licences, the Financial Times (FT) reported citing CEO and co-founder…