GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →

Banking

Latest articles

Image for Scale AI rejects claims it illegally surveils AI-training workers
Finance

Scale AI rejects claims it illegally surveils AI-training workers

Oct 28 (Reuters) - Scale AI on Wednesday rejected the privacy complaints filed against it in four Eu...

28th October, 2026

Image for Energy groups will help Italy cover funding needs of 2027 budget, minister says
Finance

Energy groups will help Italy cover funding needs of 2027 budget, minister says

ROME, Oct 28 (Reuters) - Italian energy groups will be forced to help the government cover the fundi...

28th October, 2026

Image for UK bank tax will be temporary and below 8%, Bloomberg reports
Finance

UK bank tax will be temporary and below 8%, Bloomberg reports

LONDON, Oct 28 (Reuters) - British finance minister John Healey will on Wednesday announce a tempora...

28th October, 2026

Image for Mercedes readies 2030 strategy update with China at its core
Finance

Mercedes readies 2030 strategy update with China at its core

By Amir Orusov Oct 28 (Reuters) - Mercedes-Benz is preparing a broader strategy update for 2030 and...

28th October, 2026

Image for Analysis-As Iran war drags on, airlines pull back on fuel hedges and warn on fares
Finance

Analysis-As Iran war drags on, airlines pull back on fuel hedges and warn on fares

By Joanna Plucinska, Gianluca Lo Nostro and Julie Zhu LONDON/HONG KONG, Oct 28 (Reuters) - With jet...

28th October, 2026

Image for UK's FTSE 100 muted as GSK, Unilever losses temper bank gains after budget
Finance

UK's FTSE 100 muted as GSK, Unilever losses temper bank gains after budget

By Darshan Kumar R Oct 28 - UK shares closed subdued on Wednesday, as gains in banks after a lower-t...

28th October, 2026

Image for GE Vernova boosts grid push with $9 billion Trench deal, lifts revenue forecast
Finance

GE Vernova boosts grid push with $9 billion Trench deal, lifts revenue forecast

By Sumit Saha Oct 28 (Reuters) - GE Vernova said on Wednesday it will buy high-voltage grid equipmen...

28th October, 2026

Image for Hungary carries out dawn raids over COVID-era purchase of 17,000 ventilators
Headlines

Hungary carries out dawn raids over COVID-era purchase of 17,000 ventilators

BUDAPEST, Oct 28 (Reuters) - Hungary's tax authority has raided several locations and made arrests i...

28th October, 2026

Image for Thyssenkrupp prepares steel division for spin-off, CEO says
Finance

Thyssenkrupp prepares steel division for spin-off, CEO says

FRANKFURT, Oct 28 (Reuters) - Thyssenkrupp is currently preparing its steel division as the next can...

28th October, 2026

Image for Norway wealth fund's ethic watchdog chief threatens to resign
Finance

Norway wealth fund's ethic watchdog chief threatens to resign

OSLO, Oct 28 (Reuters) - The leader of the Norwegian sovereign wealth fund's independent ethics coun...

28th October, 2026

Image for UniCredit says Chairman Padoan to step down at end of term
Finance

UniCredit says Chairman Padoan to step down at end of term

MILAN, October 28 (Reuters) - Italy's second-biggest UniCredit said on Wednesday that Chairman Pier...

28th October, 2026

Image for Sterling inches lower ahead of highly anticipated UK budget
Finance

Sterling inches lower ahead of highly anticipated UK budget

Oct 28 (Reuters) - Sterling dipped against the euro and the dollar on Wednesday ahead of a highly an...

28th October, 2026