Keywords: Banking sector


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......

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......

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......

Japan explores wider use of artificial intelligence in finance through cooperation with Google

Japan is accelerating its efforts to integrate advanced artificial intelligence technologies into the financial sector, as policymakers and major institutions seek to enhance efficiency, strengthen cybersecurity, and support innovation in banking and investment services. Recent discussions between Japanese......

Kotak Mahindra Bank eyes acquisitions to deploy excess capital and boost growth

India’s Kotak Mahindra Bank is preparing for a new phase of expansion, with plans to deploy its strong capital base into acquisitions, portfolio purchases, and diversification into non-banking financial activities, according to its chief executive. The lender, one of the country’s leading......

Monte Dei Paschi CEO says banking consolidation is healthy if competition is preserved

The chief executive of Banca Monte dei Paschi di Siena has said that consolidation in the banking sector can be beneficial, provided it does not undermine competition or reduce access to financial services for different categories of clients. Speaking at a financial industry conference in Milan, CEO......