Banking 25 March 2026 - 2 April 2026

Patriot National Bancorp insider trade comes as $1 shares face reverse-split deadline
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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
NatWest Group Plc Deepens Sainsbury’s Pact With Nectar Card, Savings and Loans
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NatWest Group Plc Deepens Sainsbury’s Pact With Nectar Card, Savings and Loans

NatWest Group and Sainsbury’s agreed to launch savings accounts, personal loans, and a Nectar-linked credit card for Sainsbury’s customers, following NatWest’s 2025 acquisition of the grocer’s banking books. The new products will roll out in the second half of 2026. NatWest’s Boxed platform will power the services. The move extends NatWest’s embedded finance strategy amid pressure on interest income.
April 2, 2026
Lloyds Banking Group plc Keeps £1.95 Billion Motor Finance Provision After FCA Final Rules
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Lloyds Banking Group plc Keeps £1.95 Billion Motor Finance Provision After FCA Final Rules

Lloyds Banking Group will keep its £1.95 billion provision for motor finance compensation unchanged after reviewing the UK regulator’s final rules. The Financial Conduct Authority’s redress scheme covers about 12.1 million agreements, with total industry costs estimated at £9.1 billion. Lloyds will update investors again on April 29. Barclays and Close Brothers have set aside £325 million and £300 million, respectively.
April 2, 2026
NatWest Group Plc strikes new Sainsbury’s Nectar banking deal with savings, loans and card
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NatWest Group Plc strikes new Sainsbury’s Nectar banking deal with savings, loans and card

NatWest Group and Sainsbury’s will launch new financial products for Sainsbury’s customers, including instant-access savings, unsecured loans, and a NatWest Nectar credit card, starting in the second half of 2026. The move follows NatWest’s 2025 acquisition of Sainsbury’s Bank’s core portfolios and will offer Nectar-linked benefits through Sainsbury’s digital channels using NatWest Boxed.
April 1, 2026
Lloyds Banking Group Faces Fresh Provision Test After FCA Finalises UK Motor Finance Redress
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Lloyds Banking Group Faces Fresh Provision Test After FCA Finalises UK Motor Finance Redress

Lloyds Banking Group is reviewing the UK regulator’s final motor finance redress scheme, which covers 12.1 million agreements and could return £7.5 billion to customers. Lloyds’ provision for motor finance costs stands at £1.95 billion. The FCA set deadlines of June 30 and August 31 for firms to prepare for claims. Lloyds shares rose 1.3% after analysts said the scheme may not require major changes to its provision.
April 1, 2026
Westpac Banking Corporation Warns RBA Could Hike Three More Times, Cash Rate Seen at 4.85%
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Westpac Banking Corporation Warns RBA Could Hike Three More Times, Cash Rate Seen at 4.85%

Westpac expects the Reserve Bank of Australia to raise the cash rate three more times this year, reaching 4.85% by August, citing inflation from Middle East fuel disruptions. The bank’s customers began paying higher mortgage rates from March 31 after Westpac passed on the RBA’s last increase. Peers NAB and ANZ forecast fewer hikes. Markets remain cautious, with traders pricing in a lower chance of further rises.
April 1, 2026
Commonwealth Bank of Australia Flags Card Rewards Changes After Australia’s Surcharge Ban
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Commonwealth Bank of Australia Flags Card Rewards Changes After Australia’s Surcharge Ban

Commonwealth Bank of Australia warned it may alter card rewards and benefits after the Reserve Bank banned most card surcharges and slashed interchange fees, effective Oct. 1. CBA said the changes would squeeze funding for payments infrastructure and signaled potential impacts for customers, but gave no timeline or details on affected products.
March 31, 2026
Australia to Ban Debit and Credit Card Surcharges From October as RBA Cuts Fees
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Australia to Ban Debit and Credit Card Surcharges From October as RBA Cuts Fees

Australia will ban surcharges on debit and credit card payments via eftpos, Visa, and Mastercard from Oct. 1, after the Reserve Bank found the fees were no longer transparent. The RBA expects businesses to save about A$910 million a year, while consumers currently pay around A$1.6 billion annually in surcharges. Interchange fee caps will also be reduced from 2027. Some banks warn they may offset lost revenue with other charges.
March 31, 2026
Barclays PLC Faces Fresh Test After UK Car Finance Bill Lands at £9.1 Billion
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Barclays PLC Faces Fresh Test After UK Car Finance Bill Lands at £9.1 Billion

Britain’s Financial Conduct Authority set the final cost of a car-finance compensation scheme at £9.1 billion, below last year’s estimate. Barclays faces questions over whether its £325 million provision will cover its share. The scheme covers 12.1 million agreements from 2007 to 2024, with average payouts of £830. Payouts are expected to begin this year after a short implementation period.
March 31, 2026
Westpac Banking Corporation Warns of 3 More RBA Rate Hikes as Oil Shock Fuels Inflation
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Westpac Banking Corporation Warns of 3 More RBA Rate Hikes as Oil Shock Fuels Inflation

Westpac now expects the Reserve Bank of Australia to raise its cash rate three more times this year, peaking at 4.85%, the highest since 2008, citing war-driven fuel costs. The bank forecasts headline inflation at 5.4% in the June quarter despite a temporary fuel excise cut. Westpac shares fell 4.05% Monday as markets reacted. The bank also delayed any rate cut expectations to 2028.
March 30, 2026
Standard Chartered PLC Hires Ex-Deutsche Banker Ole Matthiessen to Lead Digital Assets Push
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Standard Chartered PLC Hires Ex-Deutsche Banker Ole Matthiessen to Lead Digital Assets Push

Standard Chartered has appointed former Deutsche Bank executive Ole Matthiessen as global head of transaction services and digital assets, leading a new unit in its corporate and investment bank. Matthiessen will be based in Singapore and report to CIB CEO Roberto Hoornweg. The move follows recent senior hires and comes as the bank expands digital asset services and reported a 16% rise in 2025 pretax profit.
March 30, 2026
Westpac Banking Corporation (ASX: WBC) Stock Price Faces New Test After UNITE Update, Rate Reset
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Westpac Banking Corporation (ASX: WBC) Stock Price Faces New Test After UNITE Update, Rate Reset

Westpac shares closed at A$40.74 on Friday, up 0.69%, ahead of a 25-basis-point home-loan rate hike set for March 31. The bank invested A$195 million in its UNITE overhaul last quarter, reducing products by over 70% and decommissioning 180 applications. Westpac sold a 1 billion euro covered bond on March 26. Interim results are due May 5, as investors weigh higher lending rates against overhaul costs.
March 29, 2026
Agricultural Bank of China 1288.HK Results Due Monday Put Dividend, Margins in Focus
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Agricultural Bank of China 1288.HK Results Due Monday Put Dividend, Margins in Focus

Agricultural Bank of China will report annual results Monday, following near-flat earnings from three major Chinese peers. Its Hong Kong shares closed at HK$5.38, up 0.56%, ahead of a board meeting to approve 2025 figures and a final dividend. Analysts expect about 2.3% net profit growth for 2025, slower than last year. The bank will hold a webcast with top executives from 5 p.m. to 6 p.m. HKT.
March 29, 2026
Lloyds Banking Group Stock Price Slides After 448,000-Customer Data Glitch, FCA Motor-Finance Plan Looms
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Lloyds Banking Group Stock Price Slides After 448,000-Customer Data Glitch, FCA Motor-Finance Plan Looms

Lloyds Banking Group shares fell 1.4% to 91.02 pence in London after lawmakers said a March IT glitch exposed data from nearly 448,000 customers. The bank has paid £139,000 to affected users and reported no financial loss. Investors are awaiting a March 30 update on motor-finance redress, with Lloyds having set aside almost £2 billion for compensation. European bank stocks also dropped amid broader market concerns.
March 27, 2026
Lloyds Share Price Falls Toward 93p Ahead of FCA Motor Finance Update
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Lloyds Share Price Falls Toward 93p Ahead of FCA Motor Finance Update

Lloyds Banking Group shares dropped over 2% Thursday as investors awaited the UK Financial Conduct Authority’s March 30 update on car loan commission compensation. Lloyds has set aside nearly £2 billion for potential payouts. The bank repurchased 15.27 million shares this week under its buyback program. Broader UK and European bank stocks also fell amid inflation and rate concerns.
March 26, 2026
Commonwealth Bank Fixed Home Loan Rates Rise Again as CBA Savings Hike Comes With Fine Print
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Commonwealth Bank Fixed Home Loan Rates Rise Again as CBA Savings Hike Comes With Fine Print

Commonwealth Bank of Australia will raise all fixed home loan rates by 0.30 percentage point and variable mortgage rates by 0.25 from March 27, following the Reserve Bank of Australia’s cash rate hike to 4.10% on March 17. Selected savings rates will also increase, but only for customers meeting bonus conditions. Some fixed rates for owner-occupiers will reach 7.19%.
March 26, 2026
Why NatWest Share Price Dropped 8% as Ex-Dividend Hit Meets Fresh BoE Rate Fears
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NatWest Share Price Rises After Mentor Sale Signals Bigger Wealth Push

NatWest shares rose 1.65% to 542.7 pence after announcing the sale of its HR advisory arm Mentor to Empowering People Group, with the deal expected to close later in 2026. The move follows NatWest’s focus on core banking and wealth management, including a £750 million buyback and the £2.7 billion Evelyn Partners acquisition. The FTSE 100 gained 1.1% in morning trade, with banks up 2.1%.
March 25, 2026
Lloyds Banking Group Share Price Rises as Bank Rally Meets FCA Motor-Finance Risk
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Lloyds Banking Group Share Price Rises as Bank Rally Meets FCA Motor-Finance Risk

Lloyds Banking Group shares rose 2.3% to 95.4 pence Wednesday as London bank stocks rebounded, with the FTSE 100 up 1.1%. The Financial Conduct Authority will announce plans March 30 for handling compensation on mis-sold motor-finance loans, for which Lloyds has set aside nearly £2 billion. Lloyds bought back 22 million shares on March 24 and will redeem $1 billion in senior notes in May.
March 25, 2026
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