Europe’s Central Banks Face Rate Decisions

Inflation concerns are intensifying as energy prices rise following the U.S. and Israeli attacks on Iran, prompting speculation that Europe’s central banks will raise their key interest rates. However, some policymakers remain unsure about the necessity of such moves. Investors have largely priced in

Revolut Seeks US Bank Licence For Expansion

London-based fintech company Revolut has applied for a United States banking licence as part of its strategy to expand operations in the world’s largest financial market. The digital banking group submitted an application for a national bank charter to the

Citigroup Security Unit Faces Governance Questions

Citigroup’s internal security division, established to investigate misconduct and safeguard institutional integrity, is facing scrutiny from employees who say the unit’s operations have at times prioritised protecting the bank from legal and reputational risk. The division was designed to handle sensitive internal investigations, including

France Downplays Financial Exposure Risks

France’s financial sector has limited exposure to the escalating Middle East crisis, according to Banque de France governor François Villeroy de Galhau, who also cautioned against reactive monetary policy shifts driven by energy price volatility. Speaking to reporters in Paris, Villeroy said France’s finance

Russian Central Bank Challenges EU Freeze

The Bank of Russia has initiated legal proceedings against the European Union over the indefinite freeze of assets imposed in response to Moscow’s invasion of Ukraine, marking the first such challenge by the central bank since the war began. According to a statement published

UK Lenders Debate Riskier Revenue Strategies

UK high street banks are at a strategic crossroads as they seek to balance the need to boost fee-based income with the long-standing imperative of disciplined growth models. After delivering robust financial results in 2025, led by favourable interest rate conditions, resilient credit quality

JPMorgan Bankers Maintained Post-Client Epstein Ties

Newly released documents have revealed that senior bankers at JPMorgan Chase maintained professional interactions with Jeffrey Epstein after the bank formally terminated him as a client in 2013, raising renewed scrutiny over

UK Banks Oppose Capital Buffer Cuts

Top British lenders are pushing back against a regulatory initiative from the Bank of England that aims to bolster lending by lowering capital buffers, highlighting tensions between financial stability and credit growth

Islamic Fintech Set For Rapid Expansion

Saudi Arabia, the UAE and Malaysia are emerging as leading centres in Islamic fintech as global transaction volumes are projected to reach $341bn by 2029, according to a new industry report highlighting

SBT And BankCherokee Adopt Alkami Platform

Two US financial institutions, State Bank of Texas and BankCherokee, have gone live with a new digital banking platform provided by Alkami Technology, extending the vendor’s footprint among community and regional lenders.

Digital Euro Rollout Costs Banks Billions

The introduction of a digital euro could impose implementation costs of between €4 billion and €6 billion on European banks over four years, according to estimates presented by a senior European Central

UK banks explore sovereign payments alternative

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

Credit Risk Transfers Draw Regulatory Scrutiny

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 partners Anthropic on AI agents

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 AI Fraud Savings

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 controls. The system analysed one billion card transactions

BFSI Insider