Keywords: Banking


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......

Russia's VTB to increase Loan-Loss reserves as fuel-driven inflation raises credit risks

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 agrees pay rise deal for Postbank employees after Union talks

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......

ECB defends bank capital rules, says strong buffers do not limit lending

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......