Banking
Westpac Cuts Longer Home Loan Rates After Dovish RBNZ Review
Westpac New Zealand cut its longer-term fixed home loan rates, effective February 23, following a dovish Reserve Bank OCR review. This move positions its three-year rate below 5%.
SBI Unveils CHAKRA for Sunrise Sectors Amidst February Service Revisions
India’s largest state-owned lender, State Bank of India (SBI), has launched ‘CHAKRA,’ a Centre of Excellence to finance the nation’s rapidly developing ‘sunrise sectors.’ This strategic move, announced on January 31, 2026, positions SBI at the forefront of India’s economic…
Mahesh Aditya to Lead Santander UK Amid Key Integration
Santander UK has announced Mahesh Aditya as its new CEO, effective March 1, 2026, tasked with overseeing the complex integration of TSB.
Westpac Adjusts Home Loan Rates Amid Rising Funding Costs
Westpac New Zealand has announced significant adjustments to its home loan rates, increasing most standard and special fixed terms while cutting its six-month rate, effective February 2, 2026. The move reflects rising wholesale interest rates and broader economic pressures.
Commonwealth Bank Faces Widespread Online Outage, Disrupting Australian Services
Hundreds of Commonwealth Bank of Australia customers reported significant disruptions to online banking and ATM services on January 28, 2026, marking a recurring challenge for the nation’s financial digital infrastructure.
Deutsche Bank Offices Searched in Money Laundering Probe, Reports Record CLO Year
German police searched Deutsche Bank offices as part of a money laundering probe on January 28, 2026, even as the bank released an optimistic report detailing record-breaking Collateralized Loan Obligation (CLO) activity in 2025 and a cautious outlook for 2026.
CommBank App and NetBank Outage Hits Customers Amid Rate Hike Speculation
Commonwealth Bank of Australia (CommBank) faced a significant outage of its mobile app and NetBank services for some customers late Wednesday, January 28, 2026, coinciding with market speculation over an interest rate hike by the Reserve Bank of Australia.
Nationwide Secures Top UK Banking Honor, Offers £175 Switch Bonus
Nationwide Building Society has been recognized as Britain’s Most Admired Company in Retail Banking for 2025, while also reintroducing a £175 cash incentive for new customers, underscoring its dual strategy of reputation and member benefits.
Yorkshire Building Society Urges Savers: £5,001+ in UK Bank Accounts Means Lost Interest
Yorkshire Building Society warns millions of UK savers: keeping over £5,001 in current accounts means missing out on billions in potential interest. New research reveals widespread financial stress and falling festive spending as Britons fail to move idle funds into…















