Barclays is set to widen its high-street presence by opening new branches, enlarging some existing sites and reintroducing the “bank manager” job title, British daily The Times reported citing Barclays UK CEO Vim Maru.

Maru said the group wants to increase its branch “footprint”.

In his first interview since taking charge of the UK arm in 2024, he said he ...

HSBC has revived a sale process linked to its Australian retail banking business, but the plan is now centred on offloading the loan portfolio rather than disposing of the entire operation at once, reported

OceanFirst Financial and Flushing Financial has secured the approval of shareholders for their planned merger.

The deal, agreed in December, is valued at $579m.

Regulatory permissions have also been obtained from the New York State Department of Financial Services and the Office of the Comptroller of the Currency.

The parties said the transaction...

Emirates NBD Bank has secured approval from the Reserve Bank of India (RBI) to buy as much as 74% of RBL Bank’s paid-up equity.

The approval requires the investor to hold at least 51%, after which RBL would be treated as a foreign bank operating through a subsidiary structure, with the Dubai-based lender as the overseas parent.

RBL has been told to revise ...

Italy’s competition authority has issued penalties totalling more than €11m ($12.6m) against several companies in the Revolut group, citing unfair commercial practices under the Consumer Code.

Revolut Securities Europe UAB and Revolut Group Holdings received a €5m fine for violating Articles 20, 21 and 22.

The watchdog said customers were not told clearly,...