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Health & Fitness / easterneye

Polymarket is taking bets on HSBC and Lloyds failing. UK regulators are watching

More than $77,000 has been traded on a Polymarket market covering major bank failures. HSBC and Lloyds are among the lenders included in the contracts. UK and European regulators are examining wider risks around prediction markets. UK authorities are facing calls to intervene after online prediction market Polymarket allowed users to place thousands of dollars in positions on whether major banks including HSBC and Lloyds will fail by the end of 2026. The market had generated about $77,500 in tra

3 Oct 2026 3:59 pm