India’s central bank has eased restrictions on acquisition financing, allowing lenders to fund deals up to 20 per cent of their eligible capital base, doubling the limit initially proposed in draft rules.
Lloyds Banking Group has announced plans to close a further 95 branches across the UK, extending a multi-year contraction of its physical network amid continued migration to digital banking. The closures comprise
U.S. banking lobby groups have formally objected to proposals that would allow cryptocurrency and fintech firms direct access to the Federal Reserve’s payment systems, in a dispute that is reshaping debate over
Canada’s federal government has confirmed that 2026 will mark the formal launch of its long-awaited consumer-driven banking framework, introducing a structural shift in how financial data is accessed and controlled. The move
The world’s largest banks are urging regulators to rethink a growing shift towards nationally driven financial reforms, warning that the replacement of global standards with domestic rules risks undermining stability despite short-term
HSBC Holdings Plc reported that its banking services in Hong Kong are gradually returning to normal after a significant technical disruption hit operations across the city’s network on Friday afternoon, affecting both
Smart banking is gaining traction among Nigerian entrepreneurs as business owners increasingly adopt digital financial tools that offer real-time transparency, control and simplicity in managing funds. According to report, smart banking services
U.S. dollar-backed stablecoins could siphon as much as $500 billion out of the deposits of U.S. banks by the end of 2028, according to a fresh analysis from Standard Chartered, highlighting intensifying
The European Central Bank has revised its crisis management guidelines to permit liquidity support for banks that are in the process of resolution, a move aimed at strengthening stability in the eurozone’s
Hong Kong’s financial authorities have announced a substantial expansion of yuan liquidity provision to banks, a policy move aimed at reinforcing the city’s role as a leading offshore hub for China’s currency
