Banking | Euronews

English Newsletters Events Podcasts Videos Africanews Search

Business

EU seeks to make 10-second instant bank payments a reality

A legal deal struck late Tuesday could put an end to long waits to transfer money across borders

8 November 2023

Business

HSBC announces $3 billion buyback despite missing profit expectations

Higher interest rates have boosted profits for Europe’s biggest bank, bringing their third-quarter pre-tax total to $7.7 billion ($6.26 billion after tax).

30 October 2023

Business

Mixed results for European banks against difficult economic backdrop

Deutsche Bank, Barclays, and Lloyds have all released their third-quarter results this week. Euronews brings you the essentials.

26 October 2023

Business

Have European banks cashed in on deforestation and slavery?

Environmental campaigners have dragged controversial investments into the spotlight, claiming that major European banks are linked to businesses that harm threatened species, engage in deforestation and other questionable environmental practices.

26 October 2023

ADVERTISEMENT

Economy

In spite of a recent dip, Russian banks face record profits this year

High interest rates took a bite out of consumer lending and took a toll on banks' profits in September.

20 October 2023

Business

Ex-Bank of China boss arrested on bribery charges

The former chairman of the Bank of China has been arrested over corruption allegations, Chinese state media reported on Monday.

16 October 2023

Tech News

AI will surpass human intelligence in a decade - Softbank CEO

Masayoshi Son, CEO of Japan's Softbank, has urged Japanese companies to adopt it or risk falling behind progress.

Business

Société Générale to halve oil and gas exposure by 2025

In addition to the 2025 target, the bank said it plans to cut its upstream oil and gas exposure by 80% by 2030.

18 September 2023

Ireland

Free cash rumours lead to queues outside banks in Ireland

A technical fault with bank machines allowed people with no money to withdraw funds.

Italy

European stocks dip as Italy hits banks' profits with 40% windfall tax

European shares dropped on Tuesday morning as the market considers a new tax introduced by the Italian government targeting extra profits.

United Kingdom

Chief executive of UK's NatWest bank quits in row over Nigel Farage

The boss of one of Britain's biggest banks has resigned after the Brexit-backing politician accused it of closing his account unfairly.

World News

Euroviews. Ethical and sustainable banks need the EU to level the playing field

The recent provisionally agreed compromise resulting from the trilogues will hopefully lead to some steps being taken towards improving proportionality for small and non-complex banks, Daniel Sorrosal writes.

Euronews Tech Talks

This is the Swiss canton from which crypto is landing in Europe

Cryptocurrency has been talked about for years. You might even know someone who has invested in Bitcoin or one of the thousands of other ‘cryptos’ that exist. But has cryptocurrency and its blockchain technology fully landed in Europe?

World News

Euroviews. EU taxpayers' money still spends the night in climate-unfriendly banks

It is imperative that the EU develops a capital allocation strategy that moves its cash towards ethical and sustainable banks, Marilyn Waite writes.

World News

Euroviews. The EU has excluded leading banks from shaping sustainable finance

It’s time to take sustainable banks seriously by including them in the sustainable finance agenda and providing them with platforms to express their views in all EU financial decision-making and advisory bodies, Tom Cummings writes.

USA

Epstein victims settle sex trafficking suit against JPMorgan for €269m

US bank JPMorgan Chase reached an agreement in principle to settle a class action lawsuit brought by victims of deceased financier Jeffrey Epstein's sex trafficking scheme

Travel News

Cash, credit card or crypto: What’s the best way to pay on holiday?

Heading abroad? Here's how to choose the best payment option for your trip.

Money

JPMorgan to take over deposits of troubled First Republic Bank

After Silicon Valley Bank and Signature Bank, First Republic is the third midsize bank in the US to fail in just two months.

Switzerland

Euroviews. Social media bank runs broke Credit Suisse and SVB. It's about trust

With the possible recession that’s currently brewing, the most recent crises in the sector show that banks have to be more open-minded to less traditional forms of reputation strategy, Ran Blayer writes.

Economy

After market turmoil, EU revamps rules for bailing out mid-size banks

The latest proposal from the European Commission comes on the heels of financial turmoil caused by the collapse of three US banks.