Pollen Street to buy Finastra’s core banking software unit
Pollen Street Capital has agreed to acquire Universal Banking, the global core banking software division of Finastra. Financial terms of the deal…
22 Jun 2026
UniCredit lifts Commerzbank holding to 42.5%
UniCredit said it has raised its overall holding in Commerzbank to 42.5% following the end of the first acceptance period for its offer and will open the bid again for…
19 Jun 2026
EU mulls easier cross-border fund movement for banks – report
A leaked European Commission paper indicates that banks in the EU may soon have greater scope to shift funds between member states, reported Financial Times (FT). The document points to possible capital relief for mortgage lending and…
19 Jun 2026
Wall Street banks seek easing of proposed capital rules
Major US lenders have submitted formal requests to the Federal Reserve for further amendments to a draft regulatory package that would lower the amount of capital they are required to…
19 Jun 2026
HSBC Australia fined over scam failings
HSBC Bank Australia has been ordered by the Federal Court to pay a A$35m ($24.5m) penalty after admitting significant shortcomings in its handling of scam risks affecting customers. After a…
18 Jun 2026
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 the single market, reported Reuters. Ribera remarks came a day after Germany turned…
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…