UK Supreme Court opens car loans hearing as banks risk huge bill
London (AFP) - The UK's highest court on Tuesday began a hearing to determine whether controversial car loans were unlawful, ...
Sunday, May 10, 2026
Tag: banking
The UK car loan scandal that could cost banks billions
London (AFP) - Banks may have to pay out tens of billions of pounds if the British Supreme Court upholds ...
ECB pushes back against calls for looser bank rules
Frankfurt (Germany) (AFP) - The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite ...
UniCredit CEO says prepared to wait on Commerzbank decision
Milan (Italy) (AFP) - UniCredit's chief executive said Wednesday he could wait until 2027 to determine whether a takeover of ...
Santander to close one fifth of UK branches amid online switch
London (AFP) - Spanish bank Santander announced Wednesday plans to close one fifth of its UK branches, impacting 750 jobs, ...
Trump taps Michelle Bowman to be US Fed vice chair for supervision
Washington (AFP) - US President Donald Trump on Monday picked Michelle Bowman to be the Federal Reserve's next vice chair ...
UniCredit gets ECB nod on Commerzbank stake, but delays merger decision
Milan (Italy) (AFP) - Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to ...
‘Got cash?’ Tunisians grapple with new restrictions on cheques
Tunis (AFP) - Olfa Meriah stands, frustrated, before a smartphone shop near the capital Tunis. How can she buy a ...
HSBC targets $1.5 bn in annual cost savings after revamp
Hong Kong (AFP) - Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's ...
Germany’s Commerzbank to cut jobs to fight off UniCredit
Frankfurt (Germany) (AFP) - German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of ...
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