Need to Know

2026-04-17

Senior policymakers have warned that new AI models could expose vulnerabilities in global banking systems, raising cyber security…

EEconomy

2026-04-10

US Treasury secretary Scott Bessent and Federal Reserve chair Jerome Powell held a meeting on Tuesday with senior…

EEconomy

2026-04-09

Today’s need-to-know storiesUS weighs lifting sanctions on Venezuela’s central bank The US is considering lifting sanctions on Venezuela’s…

EEconomy

2026-03-24

An unusually large volume of timed oil trades preceded US President Donald Trump’s announcement of “productive” conversations with…

EEconomy

2026-03-05

Today’s need-to-know storiesECB says Eurozone banks’ Iran exposure limited but flags energy prices Eurozone banks have limited direct…

EEconomy

Bank of America commits $25bn to private credit expansion; ECB fines JPMorgan €12mn over capital reporting failures

2026-02-21

Bank of America is committing $25bn to expand its private credit lending, joining a growing push by Wall…

EEconomy

EU cross-border bank M&A reaches highest level since 2008; US regulators edge closer to revised ‘Basel Endgame’ rules

2026-02-17

Cross-border mergers between EU banks have reached their highest level since the 2008 financial crisis, as stronger profits…

EEconomy

US bank shares slide on Trump credit card cap fears; ECB’s Lagarde downplays inflation impact of US tariff threats

2026-01-22

US bank shares fell on Tuesday as part of a broader market sell-off, as investors weighed the risk…

EEconomy

HSBC ‘on track’ for £300bn market cap, says executive; Revolut applies for banking licence in Peru

2026-01-20

HSBC is on track to exceed a market capitalisation of £300bn, according to Michael Roberts, head of the…

EEconomy

EU already ‘at war’ with Russia, says Latvia’s central bank governor; Jamie Dimon denies being offered Fed chair role

2026-01-19

Latvia’s central bank governor Mārtiņš Kazāks has urged European policymakers not to underestimate the threat from Russia, arguing…

NNews

Bank shares drag Wall Street lower as US earnings season disappoints; BBVA partners with UAE’s Alterra on climate fund

2026-01-15

Bank shares dragged Wall Street lower on Wednesday as the US earnings season opened with underwhelming results from…

EEconomy

BNY raises profitability targets after strong earnings; Central bankers show ‘full solidarity’ with Powell in joint statement

2026-01-14

Today’s need-to-know storiesBNY raises profitability targets after strong earnings BNY raised its medium-term profitability targets after reporting fourth-quarter…

AI risks loom over IMF and World Bank meetings; Wall Street banks trading derivatives to bet on private credit stress

Bessent and Powell held meeting with US bank CEOs to discuss Anthropic cyber risks; NLB launches €565mn bid for Addiko

US weighs lifting sanctions on Venezuela’s central bank; Investors tried to pull $20bn from private credit funds in Q1

Oil traders bet $580mn minutes before Trump’s Iran statement; ECB to step up scrutiny of banks’ private credit exposure

ECB says Eurozone banks’ Iran exposure limited but flags energy prices; Goldman’s Solomon plays down private credit risks

Bank of America commits $25bn to private credit expansion; ECB fines JPMorgan €12mn over capital reporting failures

EU cross-border bank M&A reaches highest level since 2008; US regulators edge closer to revised ‘Basel Endgame’ rules

US bank shares slide on Trump credit card cap fears; ECB’s Lagarde downplays inflation impact of US tariff threats

HSBC ‘on track’ for £300bn market cap, says executive; Revolut applies for banking licence in Peru

EU already ‘at war’ with Russia, says Latvia’s central bank governor; Jamie Dimon denies being offered Fed chair role

Bank shares drag Wall Street lower as US earnings season disappoints; BBVA partners with UAE’s Alterra on climate fund

BNY raises profitability targets after strong earnings; Central bankers show ‘full solidarity’ with Powell in joint statement