China Moves to Shore Up Stocks as Central Bank Calls Major Banks to Talks
China’s central bank is turning once again to its banks to steady a wobbling stock market. Regulators were due to sit down with the country’s...
Category : Banking
Lagarde to Leave ECB in February as Bank Holds Rates and Keeps December Hike in View
Christine Lagarde will leave the European Central Bank in February, opening a succession battle for one of the world’s most important financial posts at a...
Budget 2026: Bank Surcharge Rises to 6% for 15 Months as Households Get £100 Energy Payment
Chancellor John Healey asked Britain’s banks to pay more on Wednesday to fund help with household energy bills. The increase turned out smaller than the...
UK Budget Today: Bank Tax Rise Looms as Chancellor Weighs Cost-of-Living Relief
Chancellor John Healey will deliver his first Budget this afternoon, with UK banks braced for a tax rise and households hoping for relief on energy...
HSBC Reports 32% Jump in Quarterly Profit and Announces Another $1 Billion Share Buyback
HSBC, Europe’s largest bank, has reported a sharp rise in third-quarter earnings, helped by higher interest rates, a lighter bad-loan bill and the absence of...
Five Central Banks Decide in Three Days as Oil-Fuelled Inflation Tests Rate Makers
Global borrowing costs face a crowded few days. Five major central banks will announce interest-rate decisions within roughly 50 hours this week, just as oil...
National Bank of Canada Plans Digital Overhaul of Personal Banking as Online Rivals Gain Ground
National Bank of Canada says its personal banking business will look different within a few years, with a more mobile-first and simpler experience, as newer...
NAB Staff Describe “Spill and Fill” Process as Bank Cuts 2,500 Jobs and Westpac Follows
Australia’s banking sector is going through one of its sharpest rounds of workforce reductions in years, and on Thursday the people affected began to speak...
From Groceries to Home Loans: How $110 Oil Is Reshaping Household Budgets
For most households, oil prices are not an abstract market number. At about $110 a barrel, a five-month high, they are showing up at the...
Google Cloud Outage Locks Revolut and UK Bank Customers Out of Accounts, Raising Fresh Questions for Regulators
Cards were declined at tills, apps would not open and some customers could not reach their money after a power failure at a Google Cloud...