The Banker

The OCC’s approval of trust bank charters for Circle, Ripple and others signals digital assets’ deeper entry into US banking. Critics warn of consumer confusion, while experts say risks are limited under the GENIUS Act framework.

https://ft.trib.al/9plJZBb

The Gates Foundation will end its financial inclusion work by 2030, saying it is “on track” to meet its goals. With 75% of adults in developing economies now banked, experts warn that sustaining gains without philanthropic support will be a major test.

https://ft.trib.al/QgSCYLs

HSBC’s new east–west structure is fuelling speculation of an eventual Asia spin-off. CEO Georges Elhedery denies a split is coming, but analysts say the reorganisation gives the bank flexibility if geopolitical or market pressures intensify.

https://on.ft.com/44rWJRh