Rapid uptake of online services because of pandemic has created new risks that are tricky to monitor, admits EU banking watchdog.

Covid-19 has accelerated retail and business banking customers’ adoption of digital financial services, driving banks to speed up their European transformation programmes. 

Société Générale's Claire Calmejane outlines how French bank approaches digital transformation via a single platform.

Gianfranco Bisagni and Niccolò Ubertalli of UniCredit explain how the bank’s digital strategy aims to deliver a simple omnichannel solution.

Rise in carry trades could reinforce trend that contributed to European sovereign debt crisis, warns Fitch.

Slow progress on regulatory agreement with the EU is making life uncertain for UK financial firms, as James King reports.

Bank of England estimates that the UK banking system is well capitalised enough to get through a severe recession.

Corrado Passera, the founder and CEO of digital bank Illimity, believes focus is important and has identified potential among small and medium-sized companies, clients he claims traditional banks have underestimated.

European retail banks were facing numerous challenges before the coronavirus pandemic hit and are under even more pressure now. They will need to embrace change if they are to survive.