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Keywords: Banking
Singapore’s banking sector reached a historic milestone on Monday as DBS Group became the first company listed in the city-state to achieve a market valuation above S$200 billion, highlighting the strength of the country’s financial sector and investor confidence in its largest bank. The......
Banque Centrale Populaire (BCP) has announced a scheduled maintenance operation that will temporarily interrupt several of its banking services during the early hours of Monday, 13 July 2026. The planned intervention is part of the bank’s ongoing efforts to enhance the performance and reliability......
A branch manager at a South Korean bank has been dismissed after an internal investigation uncovered an unusual embezzlement scheme in which stolen cash was replaced with counterfeit-looking notes purchased online. The incident took place earlier this year at a branch of Saemaul Geumgo in the city of......
Deutsche Bank has strengthened its position in Saudi Arabia after obtaining a regional headquarters licence in the kingdom, allowing the German financial institution to expand its operations and pursue a wider range of business opportunities linked to the country’s economic transformation plans. The......
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......