Banking

Business

BNP Paribas downplays French debt exposure as profit beats forecasts

The French multinational bank BNP Paribas beat profit forecasts in the third quarter as revenue from equities trading surged 50%, and announced a €1.3 billion share buyback while playing down its exposure to French debt.

28 October 2026

Business

Revolut to launch platform for investing in private tech companies

Revolut announced on Monday the launch of Revolut Ventures, a new platform developed with Carne Group to give eligible investors access to private technology companies, an investment market traditionally reserved for wealthy individuals and large institutions.

26 October 2026

Business

Power outage hits Google Cloud services disrupting UK banks

A power outage at a Google Cloud data centre in London caused serious network disruptions to its services Tuesday, the US tech giant said. The issue has since been "mitigated" for "most" customers, it added later.

20 October 2026

Tech News

Digital bank Revolut suffers worldwide outage: What you need to know

Revolut's app and services became inaccessible to millions of users on Tuesday. The issue, which appeared to be linked to a power outage at a Google Cloud data centre near London, has now been "fixed" and services have been "restored," the company said.

20 October 2026

Business

Bank of America fined $1.2bn over money laundering failures

US authorities have imposed a $1.2 billion (€1.07bn) penalty on Bank of America over failures to tackle money laundering. The bank also settled alleged sanctions violations involving Iran and Russia.

14 October 2026

Business

Big US banks beat earnings forecasts, but JPMorgan falls short

Wall Street's biggest banks reported another strong quarter on Tuesday, but they warned that higher rates and inflation could bite.

13 October 2026

Business

UBS only European bank in AI adoption top 10 led by JPMorgan Chase

UBS is now the only European lender among the top 10 banks judged most advanced in adopting artificial intelligence, after HSBC dropped out of the top tier of the Evident AI Index, while JPMorgan Chase widened its lead and North American banks tightened their grip.

7 October 2026

Business

UniCredit gets Putin’s approval to sell part of its Russian business

The Italian bank plans to keep its international payments business while selling its other Russian operations. The approval contrasts with Moscow’s recent moves to place several Western companies’ local assets under temporary management.

6 October 2026

Business

José Sevilla resigns as Unicaja chair and declines to remain at the bank

José Sevilla will step down as Unicaja chairman in April 2027 after deciding not to seek a new term, but will retain his non-executive role at the Málaga-based bank until then.

1 October 2026

Partner content

Tomorrow's Infrastructure: AIIB Raises Its Development Ambitions for a Second Decade

Partner content presented by AIIB

AIIB enters its second decade focused on impact, using guarantees and partnerships to mobilise capital for climate-friendly, resilient infrastructure.

27 September 2026

Europe News

Euroviews. Europe’s payment sovereignty problem is not what we think

Europe's payment sovereignty problem is not what we think, writes Joachim Wuermeling, a former regulator at the European Central Bank (ECB). The real exposure is not the card in your pocket, but the currency behind it. Europe must strengthen the euro’s international role.

24 September 2026

Business

UK major banks make first interbank payments with tokenised deposits

Britain's largest banks have completed what the industry describes as the first transactions anywhere using tokenised deposits to move money between one another, a milestone for a blockchain-based form of bank money that the Bank of England favours over privately issued stablecoins.

24 September 2026

Business

Revolut hack: criminals steal data of 700 European clients, demand $3m ransom

Prosecutors in Reggio Calabria have opened an inquiry into a scam against banking app Revolut, after hackers stole data via an Italian PEC and demanded a 3 million dollar ransom.

17 September 2026

Money

Hackers impersonating government agency hit Revolut customers in the UK

A source familiar with the matter said around 680 Revolut customers across several European countries were affected.

16 September 2026

Business

Germany seeks UniCredit guarantees over Commerzbank takeover

Berlin seeks guarantees from UniCredit as its leverage over Commerzbank fades and the Italian lender moves closer to taking control.

15 September 2026

Economy

China injects over €45 billion into state banks and insurers

China's finance ministry is leading a combined 360 billion yuan (€46.1bn) capital injection into eight state-owned banks and insurers, a coordinated effort to strengthen balance sheets strained by weak lending, low interest rates and government instructions to prop up the stock market.

7 September 2026