European banks are set to return around €123bn to shareholders for the second consecutive year, driven by surging dividends ...

Italian lender Monte dei Paschi di Siena has launched a €13.3bn takeover offer for its larger domestic rival Mediobanca. The offer, announced on Friday, values Mediobanca’s shares at €15.99 each, a 5 ...

Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with ...

A US banking industry group has urged the Office of the Comptroller of the Currency to repeal its 2024 M&A policy statement in line with a move made by the Federal Deposit Insurance Corporation ...

Neo-incumbents, burdened by size, often miss emerging opportunities. The next wave of digital banking innovation lies in ...

The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir ...

Fair access’ rulemaking intended to prevent politically motivated denial of services is expected to see a resurgence under ...

A UK fintech body has warned against complacency in the industry amid a backdrop of falling investment worldwide and growing ...

The UK Financial Conduct Authority has said the next steps to progress open banking in the UK will include a new independent firm to “drive forward” variable recurring payments, following the lead of ...

Newly inaugurated US President Donald Trump has also called on EU Nato member countries to significantly ramp up defence spending from an existing target of 2 per cent to 5 per cent of GDP.

Following the introduction of the first stage of the Single Euro Payments Area’s Instant Credit Transfer Scheme within the EU ...

As one of his last official acts, in December US President Joe Biden approved the transfer of $20bn to a new World Bank-administered fund for Ukraine. This transfer is part of a larger $50bn loan ...