Keywords: Banking


DBS becomes Singapore’s first company to surpass S$200 billion market value milestone

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......

BCP schedules temporary maintenance affecting digital banking and card services on July 13

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......

South Korean bank manager fired after replacing stolen cash with fake banknotes

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 expands Saudi presence with new Riyadh regional headquarters licence

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 showcases AI-driven banking innovation at sixth Wenov Demo Day

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 secures 17.6% stake in Commerzbank following takeover bid

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......

Bank of England warns artificial intelligence could pose growing risk to financial stability

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 reviews Turkey banking operations as part of global strategy to streamline business

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 return to Indian banking Stocks as policy measures drive 14-month inflow high

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......