UK banks are entering a new phase of mortgage risk as accelerating flood damage increasingly threatens property finance and the stability of housing loans. Lenders are under growing pressure to reassess exposure
Senior UK banking executives are examining the creation of a domestic payments company to reduce reliance on US card networks Visa and Mastercard, amid concerns that geopolitical tensions could expose vulnerabilities in
Global banking regulators are raising concerns over the rapid expansion of credit risk transfer transactions, as lenders increasingly use these instruments to manage capital requirements and free up balance sheet capacity. Supervisors
Goldman Sachs has deepened its engagement with artificial intelligence by working with Anthropic to develop autonomous agents for accounting, compliance and other internal banking functions, the bank’s chief information officer has confirmed.
Bank of Ireland prevented €9.7 million in customer losses in 2025 after deploying artificial intelligence to assess card transactions for potential fraud, underscoring how machine learning is being embedded into core banking
Cross-border banking mergers and acquisitions among European Union lenders hit about €17 billion in 2025, the highest level since the global financial crisis in 2008, reflecting a renewed wave of foreign direct
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
