Shawbrook IPO plans have been confirmed as the bank steps forward to join the main market of the London Stock Exchange, underscoring a revival in the UK’s initial public offering activity.
Return to London markets
Shawbrook, based in Essex, has published its registration document today ahead...
HELOC Relaunch by JPMorgan Chase marks the bank’s calculated return to the home equity lending market, after a five-year suspension prompted by the uncertainty of the pandemic era. With U.S. homeowners now sitting on unprecedented levels of equity, Chase is positioning itself to meet...
The U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Binance, the world's largest cryptocurrency exchange, and its founder, Changpeng Zhao. This decision, filed on May 29, 2025, concludes one of the most high-profile regulatory actions in the crypto industry and...
The Federal Deposit Insurance Corporation (FDIC) is considering a significant change in its reserve ratio calculation methodology. Acting Chairman Travis Hill has suggested that the agency should use total liabilities, rather than insured deposits, as the denominator in determining the Deposit Insurance Fund's (DIF)...
Revolut and Visa challenge the UK’s PSR over a proposed cap on international transaction fees, arguing the regulator overstepped its powers. European banks and fintechs claim the cap will make them lose money post-Brexit. Both seek a judicial review for a fair process.
The Bank of England maintains interest rates at 4.5% amid global trade war uncertainty. Inflation is expected to peak at 3.75% this year, and wage growth of 5.9% could exacerbate price rises. The BoE will reassess Trump’s tariffs at its next meeting in May.
