Advertisement

Technology

Europe’s financial regulators query Google over cloud outage that hit banks

Katherine Langford
Editor-in-Chief · Wednesday, October 21, 2026 at 3:43 PM · 1 min read
Europe’s financial regulators query Google over cloud outage that hit banks — KFGO, London Technology news
Image: KFGO

By Phoebe Seers and Elizabeth Howcroft LONDON/PARIS, Oct 21 (Reuters) Financial regulators in Europe are questioning Google after a cloud computing outage on Tuesday left millions of bank customers without access to key financial services for hours. The European Banking Authority ​said that it has been in contact with Google Cloud to obtain further ‌information on the incident, understand its implications and assess its potential impact on financial entities in the EU, a spokesperson for the watchdog told Reuters. Alphabet s Google said the disruption, which lasted several hours, was caused by a power event in a London-based network that serves customers across Europe. Revolut, Lloyds and HSBC were among ‌the banks ​affected. Lloyds and HSBC did not immediately respond to a ⁠request for comment. A Google spokesperson said: We ⁠have resolved a disruption to Google Cloud services at a third-party facility in our europe-west2 cloud region due to a power event. Services have been rest

Up nextThe Best Art TV Deals: Samsung Frame, Hisense Canvas, and More (2026)Technology · 1 min read
You're offline — showing the last loaded page