Banking 2 April 2026 - 24 April 2026

Patriot National Bancorp insider trade comes as $1 shares face reverse-split deadline
····

Patriot National Bancorp insider trade comes as $1 shares face reverse-split deadline

Patriot National Bancorp closed Friday at $1.12, up 3.7%, after director Mario De Tomasi bought 85,000 shares at $0.96 each on May 27. Shareholders approved a reverse stock split of up to 1-for-20, with the board to decide timing and ratio. The company reported a first-quarter loss of $1.8 million, narrowed from $2.8 million a year earlier. Market cap stands at about $131.8 million.
June 1, 2026
Standard Chartered’s $2 Billion India Energy Mandate Puts StanChart Back in the Deal Spotlight
···

Standard Chartered’s $2 Billion India Energy Mandate Puts StanChart Back in the Deal Spotlight

Standard Chartered Bank has been appointed by Actis to advise on the sale of BluPine Energy, an Indian renewable energy platform valued at around $2 billion, according to The Economic Times. BluPine has about 4 GW of capacity. Standard Chartered also bought 832,000 of its own shares on April 23 as part of an ongoing buyback. Its shares closed down 0.82% in London on Friday.
April 24, 2026
NatWest Group plc’s Big Startup Banking Push Lands Before a Q1 Profit Test
···

NatWest Group plc’s Big Startup Banking Push Lands Before a Q1 Profit Test

NatWest Group has launched a venture banking arm aimed at high-growth UK companies, partnering with Amazon Web Services. The move comes days before NatWest reports first-quarter results on May 1, with Citi forecasting pretax profit about 7% above consensus. Company-compiled consensus expects net interest income of £3.41 billion and operating profit before tax of £1.94 billion. Barclays, Lloyds, and HSBC will report results in the same period.
April 24, 2026
Lloyds Banking Group Shares Slip as Buyback, Q1 Results and Car Finance Risk Put LLOY on Watch
···

Lloyds Banking Group Shares Slip as Buyback, Q1 Results and Car Finance Risk Put LLOY on Watch

Lloyds Banking Group repurchased 7.54 million shares Thursday for cancellation, extending its buyback as shares fell 1.23% Friday. The bank said it sees no need to adjust provisions after the FCA finalized a £7.5 billion motor finance redress scheme, but warned of ongoing uncertainty in costs and complaints. Lloyds reports first-quarter results April 29.
April 24, 2026
Barclays PLC Faces Fresh MFS Shock Days Before Q1 Results
····

Barclays PLC Faces Fresh MFS Shock Days Before Q1 Results

Barclays alleged in court that missing cash from collapsed lender Market Financial Solutions was “fraudulently circulated” through related firms, as it fought to keep funds in a frozen account tied to Banco Santander. Barclays is owed £495 million from its MFS exposure. The bank reports first-quarter results April 28, with investors watching for credit losses and private-credit risks. Barclays shares fell over 1% Friday amid broader UK bank declines.
April 24, 2026
HSBC Dividend Watch: May 5 Earnings Date Puts Cash Returns Back on the Line
····

HSBC Dividend Watch: May 5 Earnings Date Puts Cash Returns Back on the Line

HSBC’s board will meet May 5 to approve first-quarter results and consider a first interim dividend, with any payout set for June 26 to shareholders on record as of May 15. The dividend amount is not yet disclosed. HSBC shares fell over 1% Friday as UK bank stocks weakened. Citigroup expects HSBC to post $10.3 billion underlying pretax profit for the quarter, up 19% from Q4.
April 24, 2026
ANZ’s First AI Chief From HSBC Lands Days Before a Crucial Earnings Test
···

ANZ’s First AI Chief From HSBC Lands Days Before a Crucial Earnings Test

ANZ Group has hired Kai Yang from HSBC as its first chief data and AI officer, with Yang set to join in July. The move comes days before ANZ’s May 1 first-half results, a key moment for CEO Nuno Matos’ restructuring plan. Yang previously held senior data roles at both HSBC and Commonwealth Bank. Rivals Commonwealth Bank and Westpac are also expanding AI use in banking operations.
April 23, 2026
Westpac Banking Corporation Raises Fixed Mortgage Rates Again as Borrowers Face RBA Test
···

Westpac Banking Corporation Raises Fixed Mortgage Rates Again as Borrowers Face RBA Test

Westpac has raised fixed home-loan rates by 15 basis points, taking its lowest two-year fixed offer to 6.29%. All major Australian banks have increased fixed rates since the March RBA decision. Westpac economists expect three more RBA rate hikes by August. The bank’s net interest margin fell to 7 basis points in Q2, and transaction costs from a mortgage portfolio sale will cut net profit by A$75 million.
April 23, 2026
Commonwealth Bank of Australia Set to Cut 119 Jobs Again as AI Push Deepens, Bankwest Hit
···

Commonwealth Bank of Australia Set to Cut 119 Jobs Again as AI Push Deepens, Bankwest Hit

Commonwealth Bank of Australia will cut 119 jobs, according to the Finance Sector Union, as it increases automation and AI use. The bank did not confirm the figure but acknowledged some roles are being reduced. The move follows record first-half cash profit of A$5.45 billion in February. Other major Australian banks have also announced job cuts tied to technology changes in recent months.
April 23, 2026
UK Mortgage Rate Cuts Spread — Barclays, Skipton And Santander Move Before BoE Decision
···

UK Mortgage Rate Cuts Spread — Barclays, Skipton And Santander Move Before BoE Decision

Barclays and Skipton cut rates on more than 20 mortgage products Wednesday, with Santander, HSBC, and Virgin Money set to follow this week. Barclays’ two-year fixed rate at 60% LTV now starts at 4.60%. The average two-year fixed UK mortgage rate fell to 5.83% Wednesday, down from 5.87% Tuesday. The moves come ahead of the Bank of England’s April 30 rate decision.
April 22, 2026
NatWest Group Plc Q1 Earnings Preview: Profit Seen Steady as Bad-Loan Costs Rise
···

NatWest Group Plc Q1 Earnings Preview: Profit Seen Steady as Bad-Loan Costs Rise

NatWest Group is expected to report first-quarter operating profit before tax of £1.94 billion and bad-loan charges of £283 million, more than double the previous quarter, according to analyst consensus. Shares closed down 1.53% at 592.2 pence on Wednesday. The bank’s Q1 results are due May 1. Analysts see no share buyback in the quarter after a £750 million buyback in Q4.
April 22, 2026
Lloyds Banking Group’s AI Investment Tool Puts UK Banks on Notice
····

Lloyds Banking Group’s AI Investment Tool Puts UK Banks on Notice

Lloyds Banking Group is testing an AI investment guidance tool with Scottish Widows, offering it to select customers as “guidance” amid heightened regulatory scrutiny. The Financial Conduct Authority included Lloyds in its AI Live Testing cohort alongside Barclays, UBS, and others. Lloyds shares traded at 100.32p to sell, down 0.28%. The bank reported £50 million in value from generative AI in 2025 and expects over £100 million in 2026.
April 22, 2026
Barclays PLC Buyback Tops £525 Million as Bank Crosses Halfway Mark
····

Barclays PLC Buyback Tops £525 Million as Bank Crosses Halfway Mark

Barclays has repurchased £525 million of stock since February, passing the halfway point of its £1 billion buyback program, filings showed Tuesday. The bank canceled 125.1 million shares and said its share capital now stands at 13.72 billion shares. Barclays will report first-quarter results on April 28. The buyback is part of a broader plan to return over £15 billion to shareholders by 2028.
April 7, 2026
National Australia Bank Keeps Lowest Big Four One-Year Fixed Home Loan Rate Ahead of May Results
···

National Australia Bank Keeps Lowest Big Four One-Year Fixed Home Loan Rate Ahead of May Results

National Australia Bank kept its one-year fixed home loan rate at 6.04% for owner-occupiers borrowing up to 80%, undercutting ANZ and Commonwealth Bank. NAB raised variable rates by 25 basis points after the Reserve Bank of Australia’s March hike. No NAB Connect payments processed on Easter Monday except fast and linked transfers. NAB’s half-year results are due May 4.
April 7, 2026
Commonwealth Bank of Australia rolls out one-minute passport scan sign-up in digital banking push
····

Commonwealth Bank of Australia rolls out one-minute passport scan sign-up in digital banking push

Commonwealth Bank of Australia has launched an NFC passport chip verification for new account openings via its app, onboarding over 2,700 users since January. The feature, which matches the passport chip with a selfie, is currently limited to some Australian customers. Migrants and international students must still visit a branch for full access. CBA says the process meets anti-money-laundering rules.
April 6, 2026
HSBC Australia Sale Reignites as Blackstone Eyes A$26 Billion Loan Book
·········

HSBC Australia Sale Reignites as Blackstone Eyes A$26 Billion Loan Book

Blackstone is preparing an early bid for HSBC’s A$26 billion Australian loan book, with offers due by late April, according to The Australian. Citi is handling the sale, which also includes A$16 billion in deposits. The process follows HSBC’s decision to narrow its sale plan and ongoing efforts to exit lower-return businesses. The deal’s outcome remains uncertain due to regulatory and operational hurdles.
April 6, 2026
Lloyds Keeps £1.95 Billion Motor Finance Pot as April Dividend, Q1 Update Loom
····

Lloyds Keeps £1.95 Billion Motor Finance Pot as April Dividend, Q1 Update Loom

Lloyds Banking Group will keep its £1.95 billion motor finance provision unchanged after reviewing the UK’s final compensation rules for mis-sold car loans. The bank said no adjustment is needed for now, with a further update due in its first-quarter results on April 29. The FCA’s scheme covers 12.1 million agreements and expects firms to pay about £7.5 billion in redress.
April 6, 2026
Lloyds Banking Group plc Sticks With £1.95 Billion Motor Finance Provision as FCA Trims Redress Bill
···

Lloyds Banking Group plc Sticks With £1.95 Billion Motor Finance Provision as FCA Trims Redress Bill

Lloyds Banking Group said it will not increase its £1.95 billion provision for motor-finance mis-selling after reviewing final FCA rules. The FCA cut the sector’s total bill to £9.1 billion and narrowed eligibility to 12.1 million car loans. Lloyds shares fell 1.6% after the update. The bank warned that response rates, costs, and litigation remain uncertain.
April 3, 2026
Commonwealth Bank of Australia Says Fuel Shock Is Hitting Wallets as RBA Rate Risks Build
···

Commonwealth Bank of Australia Says Fuel Shock Is Hitting Wallets as RBA Rate Risks Build

Commonwealth Bank of Australia reported a sharp rise in fuel spending through March 27 as Middle East conflict drove up petrol and diesel prices, while overall household spending stayed flat. CBA now expects inflation to reach 5.4% by mid-2026 and unemployment to rise to 4.6% by early 2027. The bank said households are shifting budgets rather than cutting back. Markets see about a 60% chance of another rate hike in May.
April 2, 2026
1 … 5 6 7 8 9 … 12