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Keywords: Banking
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......
The German lender Commerzbank is reportedly preparing additional job cuts as part of an updated strategic plan, according to media reports, while facing renewed takeover pressure from Italy’s UniCredit. The financial newspaper Handelsblatt reported that the scale of the planned workforce reductions......
FINMA has indicated that the emergency response plan of UBS still requires further development, following a series of inspections carried out across the banking sector. According to the regulator, a significant share of its on-site inspections in 2025 focused on UBS, reflecting the bank’s systemic......
Supreme Court of Sweden has acquitted Birgitte Bonnesen, the former chief executive of Swedbank, in a high-profile case linked to the bank’s anti-money laundering practices. The ruling overturns a previous conviction issued by a lower court, which had found Bonnesen guilty of providing misleading......
Al Barid Bank has denied any compromise of customer accounts following reports circulating online and on social media about a possible data leak. In an official statement, the bank said that initial technical investigations conducted by its cybersecurity teams found no evidence of sensitive data being......
Regulatory authorities are closely monitoring the development of Anthropic Mythos, a new advanced AI system developed by the company Anthropic, amid concerns about its potential impact on global financial systems. Experts suggest that the model’s advanced coding capabilities could allow it to......
The BCP Group used its participation at GITEX Africa Morocco 2026 in Marrakech to present a structured transformation strategy built around digital banking, artificial intelligence, and financial inclusion across Africa. Over three days, the group brought together executives, subsidiaries, and technology......
Italy is reportedly monitoring closely the ongoing discussions between UniCredit and Commerzbank, amid concerns that the Italian banking group could consider relocating its headquarters to Germany as part of a potential takeover strategy. According to sources familiar with the matter, such a move is......
Global financial institution Citigroup has appointed Henning Wagner, previously of Deutsche Bank, as its new Head of Private Company Coverage for Germany and Austria, according to an internal memo reported by Reuters. Wagner is expected to join Citi in the third quarter of the year, where he will focus......