The Banker29m
ECB’s de Guindos hopes for more cross-border bank consolidation; Close Brothers to sell wealth unit
The European Central Bank is hoping for increased cross-border consolidation among banks to improve sector efficiency and boost valuations, ECB vice president Luis de Guindos told Portugal’s Expresso ...
The Banker1d
UK payments industry makes progress with new digital money network
A UK financial industry body has completed the experimentation phase testing a “regulated liability network” that would be able to make and settle payments in different forms of digital money, whether ...
The Banker1d
ECB’s payments body warns about ‘increasingly inventive’ fraud
According to the ECB's Euro Retail Payments Board report published this week, the push for increased digitisation of payment ...
The Banker1d
Banks push back against ‘opaque’ US bank M&A rules
Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering ...
The Banker2d
UK and European bank mergers to increase in 2025
Mergers and acquisitions among UK and European banks are set to increase in the coming year as they come under pressure from ...
The Banker4d
Citi COO’s data responsibility cut after $136mn fine; European governments sell €16bn of bailed-out bank shares
The sell-offs have also sparked merger opportunities. Last week, UniCredit acquired a 4.5 per cent stake in Commerzbank from ...
The Banker1d
Markets rise on Fed interest rate cut; UK banks face increased FCA scrutiny on fair deposit rates
The Fed's “dot plot”, a quarterly updated chart that shows the individual projections of policy-makers for future interest rates, anticipates a policy rate of 4.25 to 4.5 per cent by the and of the ...
The Banker3d
Expect more – and bigger – large banks, says OCC head
Michael J. Hsu, acting US Comptroller of the Currency, speaks about the increasing relevance of non-financial risks ...
The Banker13d
Push for alternatives to US dollar and new payment systems accelerates as sanctions scale
Russia changed its tune after international sanctions “squeezed” its economy, with exporters facing lengthy payment delays ...
The Banker7d
Nasdaq’s tech pivot targets cloud and tokenisation
The US stock exchange’s head of capital markets technology says regulation is driving a ‘generational shift’ in the area ...
The Banker3d
AI in payments fraud detection expands but needs strong regulatory oversight
“A robust permissions and access security framework is required for AI in banking. This is to ensure that sensitive payment ...
The Banker9d
UK customers more likely to switch banks than European peers
UK customers are among the most likely to switch banking services providers to a non-legacy institution, with 33 per cent of ...