Trump Threatens JPMorgan Legal Action Over Debanking

President Donald Trump announced his intention to pursue legal action against JPMorgan Chase, asserting that the bank “incorrectly and inappropriately DEBANKED” him following the January 6, 2021 Capitol riot, according to a post on his social media platform. Trump’s statement came as he sought

Fintech ecosystems reshape Africa’s financial landscape

Fintech development across Africa is accelerating as industry growth becomes increasingly anchored in interconnected ecosystems rather than isolated innovation. Collaborations involving startups, banks, mobile operators, investors and regulators are now central to

Bank Of England Loosens Capital Rules To Spur Lending

The Bank of England has reduced the core capital requirement for major UK lenders from fourteen per cent to thirteen per cent, marking the first easing of post crisis standards in more than a decade. The shift follows robust stress

Sterling rises ahead of UK budget announcement

The British pound strengthened modestly as markets positioned themselves ahead of the UK government’s much-anticipated budget. Financial markets appear cautiously optimistic that the forthcoming measures may avoid overly aggressive tax hikes while still addressing public finance constraints, boosting sentiment around sterling. Underlying the uptick

Quantum computing reshapes bank performance systems

Quantum computing is emerging as a transformative force in banking, with the potential to redefine financial performance across multiple dimensions. According to McKinsey & Company, leading banks are already exploring applications that go beyond traditional computing to optimise portfolios, assess risk and bolster cyber-security.

European banks offer investors sweeteners

European lenders are increasingly deploying incentives to maintain investor interest as the sector’s rally shows signs of stalling. The move comes amid softer earnings and rising concerns over economic growth, prompting banks to sweeten propositions.  Several institutions have introduced share buy-back programmes, increased dividends

Banks withdraw planned US$20 billion bailout for Argentina

Major US banks including JPMorgan Chase, Bank of America and Citigroup have abandoned plans to provide a US$20 billion loan facility to Argentina, according to people familiar with the matter cited by the Wall Street Journal. The loan had been tied to a US$20

EU harmonises insolvency laws for investment

The European Union has reached a provisional agreement to harmonise core insolvency laws across its 27 member states, seeking to remove legal barriers to cross-border investment and integrate capital markets more deeply.

UK raises bank deposit guarantee to 120000

The Bank of England (BoE) on 18 November 2025 announced that the deposit protection limit under the Financial Services Compensation Scheme (FSCS) will be raised to £120,000 per person from the current

Santander’s Digital Leap Into Crypto Banking

In a move that crystallises the changing face of European finance, Openbank – the fully digital arm of Banco Santander – has entered the cryptocurrency arena. The platform now allows Spanish customers

Dollar Strategy Hits a Hedging Wall

Under the Donald Trump administration, the U.S. has enjoyed the unusual combination of a booming stock market and a weakened dollar. But according to analysts, this “sweet spot” may be more fragile

UK Banks Rally as Budget Brings Relief

British banking shares surged after reports confirmed that Chancellor Rachel Reeves will likely spare the sector from new tax hikes in the upcoming budget – a decision that immediately lifted confidence across

UK Pilot Brings Banking to the Unbanked

The UK government’s new pilot scheme marks a decisive shift in the intersection of finance and social policy. For the first time, people without fixed addresses, including those experiencing homelessness, will be

Japan’s Crypto Ambitions Test Market Maturity

Japan’s digital asset market is entering a defining phase. As the value of crypto holdings climbs past ¥5 trillion (US $33 billion), optimism among retail investors and fintech firms has surged, driven by hopes that regulators will soon ease long-standing

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