Laura Noonan

The Bank of England announced a series of tweaks to its implementation of controversial new rules on bank trading capital but kept its 2028 deadline for the measures to take effect despite delays in rival jurisdictions.

Bank confirms it is 'exploring bringing our award-winning Marcus deposits business to Ireland'

Europe’s lenders are being dragged down by a “chronic lack of scale,” not high capital requirements, European Union officials have argued, as they laid the groundwork for a regulatory revamp that’s unlikely to deliver the capital cut some bankers pushed for.

The Bank of England has proposed easing a handful of capital rules, even as officials fret about deepening threats from AI, a fraught geopolitical outlook and rapidly increasing leverage.

Alternative asset managers have given the Bank of England detailed information on their investments in 520 UK corporates with revenue of more than £230 billion ($308 billion), as part of the watchdog’s probe into potential economic fallout from a private markets crash.

Banks and finance firms should combine their buying power to avoid losing out in negotiations with US tech giants, according to raft of Dutch proposals aimed at tackling Europe’s over-dependence on foreign providers of critical services such as AI and cloud computing.

Europe’s executive arm is weighing more impactful changes to its banking rulebook after initial proposals for its competitiveness package prompted criticism from the industry and some jurisdictions.

The European Union’s top financial services official has downplayed the prospect of completely axing a contentious bank capital rule slated for review, hinting instead at more temporary changes to address the immediate needs of Europe’s economy.

Revolut Ltd.’s second European Union banking hub in France is likely to launch with similar restrictions on new products to those already weighing on its existing entity in Lithuania, according to people with knowledge of the matter.

BNP Paribas SA has been asked by the European Central Bank to explain its plans for a smooth management transition when it replaces long-term Chief Executive Officer Jean-Laurent Bonnafe.