Barclays Reports 12% Profit Rise, Plans 5,000 Job Cuts

Barclays reported a 12% rise in pre-tax profits for the third quarter, reaching £2.3 billion. This…

Revolut Users Face Worldwide Outage, Services Disrupted

Digital bank Revolut had a major outage on Wednesday, affecting millions of users worldwide. Customers reported…

Bawag Seeks High Court Approval for PTSB Acquisition Deal

Bawag Group is waiting for High Court approval for its €1.62 billion purchase of Permanent TSB…

Revolut Receives Conditional US Bank Charter Approval

Revolut has received conditional approval from the Office of the Comptroller of the Currency (OCC) for…

TD Bank and CIBC Report Strong U.S. Profit Growth

TD Bank Group and Canadian Imperial Bank of Commerce (CIBC) reported significant profit increases from their…

ING Bank Romania Launches ING Depo Invest Savings Product

ING Bank Romania has launched ING Depo Invest, a new financial product that combines a term…

Lloyds Reports Rise in Impersonation Scam Losses This Year

Lloyds Banking Group reported that the average loss from impersonation scams rose by 10% over the…

Intesa Considers Complaint as MPS Launches €34 Billion Bid

Intesa Sanpaolo is thinking about filing a complaint with Italy's bourse regulator, CONSOB. This comes after…

Russians Withdraw Billions from Banks Amid War Funding Fears

Russians have withdrawn about €24.4 billion from banks in the first seven months of 2023. This…

Appeals Court Skeptical of Colorado’s Interest Rate Caps

A federal appeals court heard arguments on Tuesday about Colorado's efforts to enforce state interest rate…