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,…
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…
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…