Keywords: Banking
Attijariwafa bank has reaffirmed its commitment to artificial intelligence as a key driver of banking transformation during the final stage of the sixth edition of its "Wenov Think & Make x IA Center" innovation programme, organised in partnership with consulting firm Onepoint. The Demo......
UniCredit has secured a 17.6% ownership stake in Commerzbank, according to newly released data, marking the latest step in the Italian lender's strategic investment in its German rival following a closely watched takeover attempt. The development comes after UniCredit pursued a months-long effort......
The Bank of England has warned that the rapid expansion of artificial intelligence could create new risks for financial stability, as investors increasingly place large bets on the technology while banks become more exposed to potential cyber threats. In its latest half-yearly assessment of risks facing......
HSBC has launched a strategic review of its retail and domestic corporate banking operations in Turkey, as the British banking group continues efforts to simplify its global structure and focus on markets where it sees stronger growth potential. The lender said on Tuesday that it is evaluating all options......
Foreign investors have made a strong return to India's banking sector, with financial stocks attracting their largest fortnightly inflows in 14 months during the second half of June, supported by policy initiatives, attractive valuations and improving earnings expectations. Data released by the......
Russia's second-largest lender, VTB, is preparing to strengthen its financial buffers during the second half of 2026 as inflationary pressures and elevated borrowing costs increase the likelihood of credit deterioration across its loan portfolio. The move reflects growing concern within Russia's......
Deutsche Bank has reached a new wage agreement with labour unions covering thousands of employees at its Postbank division, concluding months of negotiations over pay increases in Germany’s banking sector. The deal provides structured salary rises for employees over a 28-month period, easing tensions......
The European Central Bank (ECB) has reaffirmed its commitment to maintaining current bank capital requirements, rejecting growing calls from the banking industry for regulatory easing. The institution argues that robust capital buffers remain essential to safeguarding financial stability and have not......
Standard Chartered has appointed Margaret Harwood-Jones as Chief Executive Officer for Europe and the United Kingdom, introducing a newly created leadership role aimed at accelerating the bank’s expansion across two of its key strategic markets. The announcement, made on Tuesday, reflects the......
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