Europe
Banking and finance news from the United Kingdom, European Union, and broader Europe
Starling Founder-Era Chair Sproul to Depart This Year
David Sproul, the chairman who steered Starling Group through its transformation from digital challenger to diversified financial services company, announced this week that he will
Revolut Secures Full UK License After Four-Year Wait
Revolut, Europe's most valuable private technology company, has received full regulatory approval to operate as a British bank, ending a mobilisation period that
Santander's $12 Billion Webster Bid Signals U.S. Banking Ambitions
Banco Santander's $12.2 billion agreement to acquire Webster Financial Corporation has emerged as the defining transaction of the current U.S. bank
Brussels Plans Temporary Shield from Basel Trading Book Rules
The European Union is preparing to introduce a temporary multiplier that would effectively neutralise the capital impact of the Fundamental Review of the Trading Book
Mastercard Stakes $1.8 Billion on Stablecoin Rails with BVNK
Mastercard has agreed to acquire BVNK, a London-based stablecoin infrastructure startup, for up to $1.8 billion in what amounts to the payments giant'