Banks
Banks on Branch and Vault: HSBC, Barclays, Lloyds, NatWest, Standard Chartered and Nationwide.
Profiles

OCC Report Finds Banks Restricted Services Based on Political Beliefs
A federal regulator found nine major U.S. banks used vague reputational risk policies to deny services to customers based on political or religious beliefs from 2020 to 2025, prompting regulatory scrutiny and political backlash.

NatWest launches AI spending tool for RBS customers using Nvidia speech tech
NatWest has unveiled an AI-powered Spending Insights Tool for Royal Bank of Scotland customers, using Nvidia's speech recognition to better understand regional accents and natural language.

Revolut Valuation Surpasses Barclays and Societe Generale
Revolut's private valuation has hit $115 billion, exceeding the market capitalisations of Barclays and Societe Generale.

ECB's 2025 simplification proposals can keep banks resilient, Vujčić argues
Boris Vujčić argues simpler banking rules can maintain resilience while improving competitiveness.

UK and German Banks Lead European Coal Financing Since COP26
UK and German banks provided $8.3bn and $4.9bn respectively in coal financing since the 2021 COP26 summit, according to new research.

Federal Reserve OIG Exposes Critical Offboarding Security Failures
The Federal Reserve's watchdog found systemic governance failures allowed an employee to remove sensitive FOMC data before retirement.

UK banks complete first live tokenised sterling deposit transactions
Major UK banks have executed the first live customer transactions using tokenised sterling deposits via the Great British Tokenised Deposit initiative.

Barclays staff revolt over office return
Thousands of Barclays staff are demanding travel cost payouts and exemptions from a new mandate requiring three to four days in the office weekly.

State Regulators Propose AI Framework for Banks
The Conference of State Bank Supervisors has released a voluntary framework to help examiners assess AI use and risk at state-chartered banks.

Barclays staff demand concessions over office return policy
Thousands of Barclays employees, represented by the Unite union, are demanding exemptions and a one-off payment as the bank increases its minimum office attendance.

PNC, Regions, Citizens Executives Say M&A Could Distract From Priorities
Executives from PNC, Regions, and Citizens Financial Group said at a Barclays investor conference that they are avoiding major bank acquisitions.

Nationwide completes 15 million customer account migration
Nationwide has migrated 15 million customer accounts from a 45-year-old system to a new Microsoft Azure-based core platform.

Banks face mandate pressure to adopt tokenised deposits and stablecoins
A Finextra webinar argues banks must offer both tokenised deposits and stablecoins to meet client and correspondent demands for programmable liquidity.

HSBC and Euroclear Launch AutoFX for T+1 Settlement
HSBC and Euroclear have launched AutoFX, an automated foreign exchange service.

China injects $54 billion to bolster banks
China is injecting $54 billion into major state-owned banks and insurers to strengthen their capital and support lending and stock market investment.

FIS launches embedded banking platform for US banks
FIS has launched its Embedded Banking Platform, enabling US banks to integrate banking services directly into the business software used by their corporate clients.

Banks Face 2030 Deadline for Post-Quantum Security
European banks must upgrade encryption by 2030 to resist future quantum computer attacks, per new EU cybersecurity rules.

TabaPay to acquire Transact Bank after $155m raise
Money movement platform TabaPay has secured $155 million in funding and agreed to acquire OCC-chartered, FDIC-insured Transact Bank, renaming it TabaBank.

Major banks to launch stablecoin venture in 2027
A consortium of global banks, including Citi and Lloyds, plans to form a company this year to issue a USD stablecoin by 2027.

Visa upgrades bank fraud protection with AI
Visa has launched an enhanced version of its A2A Protect fraud prevention tool for banks, incorporating technology from its 2024 acquisition Featurespace.

Banks face digital money test in 2026
A Finextra webinar, in association with Red Compass Labs, will examine bank readiness for stablecoins, tokenised deposits, and CBDCs in 2026.

FIS Webinar: AI and Data in Lending
A Finextra webinar, hosted with FIS, will examine how banks can modernise commercial lending using AI, real-time analytics, and integrated platforms.

Banks Face Digital Currency Infrastructure Race
A Finextra webinar will examine the profitable roles banks can play in the digital currency race.

ECB's Schnabel: Central Bank Money Must Go on Distributed Ledgers
ECB Executive Board member Isabel Schnabel argued that central banks must issue reserves directly on distributed ledgers to support tokenised finance.

Starling Bank's AI Push Sparks Staff Concerns
Starling Bank's aggressive push into AI has unsettled some employees, who fear the fintech is relying too heavily on automation.

New 10p coin with King Charles portrait enters circulation
The Royal Mint has released a new 10p coin featuring King Charles III and the capercaillie, a threatened bird species. The coin is part of a redesigned suite celebrating the King's love of nature, with 600,000 dated 2023 and 6.5 million dated 2026 entering circulation.



