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Lloyds Shares Slide Despite Profit Recovery
Lloyds Banking Group reported a sharp recovery in third-quarter profit on Thursday, but its shares fell as investors focused on intensifying deposit...
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Mexico Lifts BBVA Despite Turkish Risks
Spanish banking group BBVA reported a 19% increase in third-quarter profit on Thursday, supported by stronger lending income and growth in Mexico,...
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ING Buyback Overshadows Third-Quarter Profit Miss
Dutch banking group ING has announced a €1.65 billion share buyback despite missing third-quarter earnings expectations, as higher provisions and...
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UK Banks Face Fresh Tax Uncertainty
Britain's banking industry faces the prospect of higher taxation as Chancellor John Healey prepares changes to the sector's profit surcharge in his...
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New Zealand Rates Pause Jolts Markets
New Zealand's central bank unexpectedly left interest rates unchanged on Wednesday, triggering a sharp decline in the country's currency as...
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Tokenised Money Enters Corporate Finance Mainstream
Corporate adoption of tokenised money is advancing rapidly, with a new survey by Singapore's DBS Bank finding that 88% of participating businesses...
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Visa Revenue Climbs on Cross-Border Growth
Visa reported a 13% increase in fiscal fourth-quarter revenue as higher consumer spending, international transactions and payment processing volumes...
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ECB Clears Intesa’s Monte Paschi Bid
Intesa Sanpaolo has secured European Central Bank approval for its proposed €32 billion takeover of Monte dei Paschi di Siena, bringing one of...
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Santander’s Profit Growth Faces Brazilian Drag
Banco Santander reported a 19% increase in underlying third-quarter profit on Wednesday, supported by acquisitions and stronger earnings in developed...
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Deutsche Bank Earnings Weather Trading Weakness
Deutsche Bank reported a stronger-than-expected third-quarter profit on Wednesday, as growth in retail and corporate banking compensated for...
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Standard Chartered Lifts Targets After Earnings
Standard Chartered raised its annual income and profitability forecasts on Wednesday after a sharp increase in third-quarter earnings, supported by...
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BNP Paribas Earnings Lift Shareholder Returns
BNP Paribas reported a 14% increase in third-quarter net profit on Wednesday, beating market expectations and announcing a €1.3 billion share buyback...
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UBS Speeds Buybacks Despite Capital Uncertainty
UBS has accelerated its share repurchase programme after reporting a third-quarter profit of $2.69 billion, although uncertainty surrounding...
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Bank Of America Fined Over $1.2bn
Bank of America faces penalties exceeding $1.2 billion from the US Treasury Department over violations of anti-money laundering and sanctions laws....
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AI Suspected In Korean Bank Cyberattacks
South Korean authorities are investigating whether artificial intelligence was used in a series of cyberattacks against banks and financial...
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KKR Expands Into Private Markets Infrastructure
KKR has agreed to acquire Gen II Fund Services for $5.1 billion including debt, giving the alternative asset manager a larger position in the...
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ECB Expands Euro Safety Nets Globally
The European Central Bank is preparing to widen access to euro liquidity for foreign central banks, strengthening its crisis-response framework while...
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Yen Sinks Despite Japan Rate Hike
Japan’s central bank has lifted borrowing costs to their highest level in more than three decades, but the yen responded by moving sharply lower. The...
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Revolut Ransom Threat Tests Digital Banking
A $3 million ransom demand has turned Revolut’s recent data breach into a broader test of trust and resilience. The incident comes as the digital...
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UK Banks Explore Tokenised Gold Opportunity
Gold could be moving closer to the architecture of mainstream banking as Britain’s financial regulator examines whether bullion can be represented...
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