01
What changed in banking regulation and policy this week?
Government decisions, new rules and policy shifts reported this week.
02
The U.S. Treasury Department designated the A7 Network as a transnational criminal organization on October 1, 2026, citing its use by Iran and the IRGC to evade sanctions.
Read at decrypt.co ↗03
The Federal Reserve has decided to maintain current interest rates, signaling a potential pause in policy adjustments for an extended period.
Read at wsj.com ↗04
The Federal Reserve voted to finalize changes to its stress test framework for major lending institutions.
Read at bloomberg.com ↗05
The Chinese Ministry of Finance announced a mortgage interest subsidy program for first-time homebuyers purchasing properties under 120 square meters priced at 1.5 million yuan or less.
Read at propmodo.com ↗06
The US administration under Donald Trump has introduced new restrictions on travel to Cuba and prohibited banks from conducting business with the country's private sector.
Read at bloomberg.com ↗07
The Chinese government announced a new subsidy program for interest costs on eligible first-home mortgages.
Read at wsj.com ↗08
The Central Bank of Nigeria (CBN) has mandated that all banks and payment system participants must store and manage payment data locally by January 1, 2027.
Read at techcabal.com ↗8 of 25 regulation and policy events are listed; the rest were ranked lower by importance and multi-source corroboration and are not shown.
What funding rounds and acquisitions happened in banking this week?
The week’s notable investments, financing rounds, acquisitions and strategic deals.
09
Brazilian banking giant Nubank has officially terminated acquisition talks with UK-based digital bank Monzo.
Read at sifted.eu ↗10
Valley National Bank has entered into an agreement to acquire the SME digital banking platform Bluevine.
Read at finextra.com ↗11
Chime has announced the acquisition of its long-term partner Stride Bank for $590 million in cash.
Read at tearsheet.co ↗12
Revolut has received regulatory approval to acquire the Argentinian lender Banco Cetelem from BNP Paribas.
Read at finextra.com ↗13
South Korean financial institutions, including banks and insurers, are actively seeking overseas mergers and acquisitions to stimulate growth.
Read at bloomberg.com ↗14
Paris-based banking group Crédit Agricole announced the launch of a new division, Crédit Agricole Capital Naturel, focused on natural capital investment and restoration, with an initial emphasis on forests.
Read at esgtoday.com ↗15
Reports have emerged regarding potential acquisition talks between UK-based fintech company Monzo and Brazilian digital banking giant Nubank, with valuations estimated between £6 billion and £10 billion.
Read at sifted.eu ↗What products launched in banking this week?
Notable product launches, releases and platform updates from the week.
16
Kroger has launched the Kroger Rewards World Elite Mastercard in partnership with fintech company Imprint and Mastercard.
Read at digitalcommerce360.com ↗17
Luno, a UK-headquartered cryptocurrency firm, is shifting its strategy from retail-only services to providing digital asset infrastructure for banks and enterprises.
Read at techcabal.com ↗18
Revolut has expanded its RevPoints loyalty programme to include hotel transfers directly within its mobile application.
Read at finextra.com ↗19
Christopher Waller, a member of the Board of Governors of the Federal Reserve System, discussed the implications of agentic AI for financial services at the Sibos conference.
Read at paymentsjournal.com ↗20
HSBC has officially named its upcoming Hong Kong-based stablecoin 'RedCoin'.
Read at thedefiant.io ↗21
Citi has expanded its Citi Token Services platform to the United Arab Emirates and Japan.
Read at finextra.com ↗22
HSBC has launched a new digital transaction banking platform designed to reduce complexity for its corporate clients.
Read at finextra.com ↗23
Sainsbury’s Money has launched personal loans for Nectar loyalty members in partnership with NatWest Boxed, offering a representative 6.3% APR. The service is part of a broader strategy announced in 2024 to transition Sainsbury’s financial services to a partner-led model.
Read at retail-systems.com ↗What financial results were reported in banking this week?
Earnings, guidance and other financial results reported this week.
24
The 10-year U.S. Treasury yield remained stable on October 2, 2026, following a peak of 5.344% reached on Thursday, September 24, 2026.
Read at wsj.com ↗25
India's foreign exchange reserves experienced their largest weekly decline on record as of October 2, 2026.
Read at bloomberg.com ↗26
HSBC has revised its 2026 average gold price forecast to $4,490 per ounce, down from $4,560, and its 2027 forecast to $4,825, down from $4,925.
Read at thestreet.com ↗27
U.S. bond yields reached their highest levels since 2002 as of October 1, 2026.
Read at nytimes.com ↗28
The average 30-year fixed-rate mortgage in the U.S. rose to 7.28% as of October 1, 2026, marking the highest level since November 2023.
Read at fastcompany.com ↗29
The US government bond market experienced a significant sell-off in September 2026, with yields on 10-year Treasury notes rising by 0.5 percentage points.
Read at ft.com ↗30
The Italian Ministry of Economy and Finance successfully completed a new 12-year green bond offering on September 29, 2026, raising €8 billion.
Read at esgtoday.com ↗31
The yield on the US 30-year Treasury bond has risen for six consecutive days, nearing its highest level since 2002.
Read at bloomberg.com ↗8 of 19 financial results events are listed; the rest were ranked lower by importance and multi-source corroboration and are not shown.
What court rulings and legal actions hit banking this week?
Court rulings, filings and legal actions reported this week.
32
The Independent Community Bankers of America filed a lawsuit against the Office of the Comptroller of the Currency in a D.C. federal court on October 4, 2026.
Read at decrypt.co ↗33
The Federal Reserve's inspector general concluded that there was no criminal wrongdoing or administrative misconduct regarding the $2.4bn renovation project of two Fed buildings in Washington, DC.
Read at aljazeera.com ↗34
A US federal judge has granted US banks permission to proceed with a class action lawsuit against Apple.
Read at finextra.com ↗35
Rich Francis, CEO of R&R Family of Cos., filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Middle District of Florida on September 22, 2026.
Read at freightwaves.com ↗What research was published in banking this week?
New research findings and studies published this week.
36
Researchers from the Centre for Economic Policy Research (CEPR) analyze the role of nonbank financial institutions during banking crises.
Read at cepr.org ↗37
The European Central Bank (ECB) has outlined three distinct models for integrating central bank money into on-chain infrastructure.
Read at theblock.co ↗38
The Association of Chartered Certified Accountants (ACCA) released its 'Global talent trends 2026' report, surveying over 900 professionals in the global financial services industry.
Read at financedirectoreurope.com ↗39
A report by the non-profit Urgewald published on September 30, 2026, reveals that UK banks have become Europe's largest financiers of the coal industry.
Read at edie.net ↗40
Uphold released a survey on September 29, 2026, revealing that 75% of American banks are currently developing blockchain finance programs.
Read at thedefiant.io ↗41
PwC surveyed 3,934 business and technology leaders across 71 countries between May and July 2026 regarding AI security preparedness.
Read at helpnetsecurity.com ↗42
Lloyds Bank published its 10th annual Financial Institutions Sentiment Survey, which was conducted between April and May 2026.
Read at finextra.com ↗What incidents and outages hit banking this week?
Incidents, outages and safety events reported this week.
43
A data leak investigation by the Financial Times revealed that the Russian fintech company A7 laundered billions of dollars through global banks.
Read at complianceweek.com ↗What partnerships were announced in banking this week?
Partnerships, integrations and joint projects announced this week.
44
Goldman Sachs is making its $100 billion FTIXX Treasury fund available to institutional crypto firms through the Lynq settlement network.
Read at coindesk.com ↗45
Citigroup and Coinbase have expanded their partnership to provide business clients with infrastructure that bridges traditional fiat payments and stablecoin transactions.
Read at theblock.co ↗2 of 14 partnerships events are listed; the rest were ranked lower by importance and multi-source corroboration and are not shown.