Banking / Financial Services News and Press Releases

Banking / Financial Services

Releases published in the last 30 days.

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US banking set for far-reaching shake-up as next wave of consolidation builds: 8/24/2026 11:59:30 AM; The US banking industry is poised shake-up since 2008 during the new analysis from Bain & Company released. New Bain modeling based on 20 years of sector data and previous M&A suggests the number of US banks holding more than $1 trillion in assets is poised to rise for the first time in nearly two decades.
The money conversation most roommates never have, until it’s too late: 8/24/2026 10:58:13 AM; As students head back to school and many move in with roommates, Royal Bank of Canada (RBC) is helping them navigate one of the biggest – and most overlooked – challenges of shared living: money.
Aviva enhances High Value protection offering: 8/24/2026 8:55:06 AM; The business has brought together two expert teams, from Aviva and APUK (formerly AIG Life) to create a single, experienced specialist unit dedicated to helping advisers protect their high-net-worth clients through a new proposition and a two-tier underwriting service (Premier and High Value), based on customers’ required cover amount and complexity.
New challenge launched to store clean energy for longer: 8/21/2026 2:31:09 PM; The public will be better protected from potential hikes on their energy bills, as a new initiative looks to cut the UK’s reliance on more expensive sources of power.
July 2026 Monthly Release: 8/21/2026 1:50:17 PM; The Allstate Corporation (NYSE: ALL) announced estimated catastrophe losses for the month of July of $682 million or $539 million, after-tax. Catastrophe losses for July include 23 events with approximately 75% of the losses related to two wind and hail events.
Insurer Returns Near Record 17% as Market Cycle Enters New Phase: Aon Analysis: 8/21/2026 12:11:08 PM; Aon plc (NYSE: AON), a leading global professional services firm, today released new analysis showing that global property and casualty insurers are entering a next phase of the market cycle from a position of strength and have an opportunity to convert recent profitability gains into long-term competitive advantage.
Average claim for student possessions doubles in three years: 8/21/2026 11:35:13 AM; • Aviva data reveals the average value of a student belongings claim has doubled from £781 to £1,766 between 2022-2025 [1] • More than half of claims (56%) are a result of theft, with laptops and phones being amongst the most likely items to be stolen • Aviva urges students to protect belongings as almost 229,000 are set to go to university this year [2] • …
Standard Chartered becomes first G-SIB to issue digitally native notes on Euroclear’s D-FMI: 8/21/2026 11:24:22 AM; Standard Chartered announced the issuance of a USD 200 million three-year floating-rate digitally native notes (DNNs), becoming the first Global Systemically Important Bank (G-SIB) and the first UK Issuer to issue on Euroclear’s Digital Financial Market Infrastructure (D-FMI).
One in seven drivers could have out of date addresses on their insurance: 8/20/2026 9:31:44 AM; • Aviva research reveals 15% [1] of drivers surveyed don’t think they need to tell their insurer of a change of address • Mistakes could leave millions of UK drivers potentially uninsured • With more than seven in ten (71% [2] ) drivers unsure about key aspects of car insurance, Aviva debunks common car insurance myths, from failing to update personal details to a …
RBC Investor Services named Operations Team of the Year: 8/20/2026 9:24:52 AM; RBC Investor Services (RBCIS) has been named Operations Team of the Year at the 2026 Securities Finance Times Industry Excellence Awards, dedicated to recognizing the most talented firms, individuals and departments in the global securities finance industry, with winners selected on merit by a panel of independent industry professionals.
MetLife Declares Third Quarter 2026 Preferred Stock Dividends: 8/20/2026 9:23:13 AM; MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: • Quarterly dividend of $0.31471411 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA).
From Blueprint to Financial Close: How Project Finance Turns Infrastructure Plans into Reality: 8/20/2026 8:16:16 AM; Building a power plant, data center or other major infrastructure project can require significant investment years before the asset begins generating revenue.
BofA Directs $250,000 to American Red Cross to Support Fire Recovery: 8/19/2026 12:55:13 PM; Key points • Bank of America is directing two hundred fifty thousand dollars$250,000 to the American Red Cross to support relief and recovery efforts following the wildfires across the Pacific Northwest and western mountain states, including in and around Spokane, WashingtonWA.
BBVA Donates €2 Million to Support Those Affected by the Earthquake in Colombia: 8/19/2026 12:50:39 PM; BBVA has announced a €2 million donation to meet the most urgent humanitarian needs and help with the recovery and reconstruction of the areas affected by the earthquake in Colombia.
American Express and St Andrews Links Trust Announce Partnership to Grow the Global Reach of the Home of Golf™: 8/19/2026 12:43:41 PM; American Express today announced it is adding the illustrious St Andrews Links to its sports partnership portfolio. American Express will be the Official Payments Partner of one of the world’s most prestigious golf destinations.
IFC, Popular Pharmaceuticals Partner to Boost Bangladesh’s Healthcare Supply Chains and Create Jobs: 8/19/2026 12:39:15 PM; To help safeguard the continuity of essential medicines and support job creation in Bangladesh, IFC, a member of the World Bank Group focused on the private sector, has committed a US$ 30.7 million senior secured loan to Popular Pharmaceuticals PLC (Popular), a leading manufacturer of generic medicines.
Shakira, Global Citizen, Live Nation and CAF will commit an initial 1.25 million-dollar donation to help rebuild schools in Chocó: 8/19/2026 10:26:52 AM; Summary Shakira, alongside Howard Buffett, Pies Descalzos Foundation, and CAF visited Quibdó to meet communities affected by the earthquake and support efforts to rebuild nearly 200 damaged schools.
Standard Chartered and HSBC execute first live tokenised deposit transaction on Swift’s blockchain-based ledger: 8/19/2026 9:18:58 AM; Standard Chartered and HSBC today announced the successful completion of bank-to-bank tokenised deposit interoperability through the execution of the first live cross-border transaction on Swift’s blockchain-based ledger.
Aon Names Brad Lorimer Chief Executive Officer of Canada: 8/19/2026 9:03:04 AM; Aon plc (NYSE: AON), a leading global professional services firm, announced that Brad Lorimer has been named CEO of Canada, effective September 1, 2026.
Ardian acquires a majority stake in Pflegia, Germany’s leading digital healthcare recruitment platform: 8/19/2026 5:35:04 AM; Ardian, a global private investment firm, announces the acquisition of a majority stake in Pflegia, a high growth German digital platform connecting healthcare professionals and care providers.