The European Union is preparing its 21st sanctions package against Russia, described as one of its most sweeping since the…
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Commerzbank Bets €600 Million on AI to Cut Costs and Fend Off UniCredit Takeover Threat
Commerzbank has pledged up to €350 million in cost savings through artificial intelligence by 2030, backed by a €600 million…
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European Earnings Surge to Three-Year High as Energy Profits Soar 50% While Consumers Buckle Under Pressure
European companies are set to post their strongest quarterly earnings growth since Q1 2023, with LSEG I/B/E/S data forecasting a…
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Nigeria’s Banks Just Got a N4.65 Trillion Capital Boost Now the CBN Is Coming for Their Boardrooms
Following the completion of Nigeria's bank recapitalisation exercise, the Central Bank of Nigeria (CBN) is intensifying oversight of corporate governance…
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EU in talks with Anthropic to obtain banks tested for Mythos flaws
The European Union is in talks with Anthropic PBC about obtainting its companies and banks tested for any vulnerabilities that…
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Banco Sabadell and Bankinter Are Joining a European Stablecoin Consortium and the Move Signals That Banks Have Stopped Watching Tokenized Money and Started Building It
Spain’s Banco Sabadell and Bankinter are set to join a European stablecoin consortium, according to an Expansion report flagged by…
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Eurogroup Chief Says EU Needs Larger Banks, X-Border Mergers
He created these comments to reporters Monday (May 4) when inquireed about UniCredit’s plans to acquire Commerzbank. “We required European…
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What Anthropic’s Mythos can hack in hours, Indian banks take months to resolve
For a long time, cybersecurity experts warned of a coming calamity. But the sound of sirens was drowned out by…
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MakeMyTrip Moves Toward India Listing, Hires Banks for Proposed Share Sale
Nasdaq-listed MakeMyTrip is reportedly relocating ahead with plans for a potential public offering in India, engaging top investment banks to…
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Public-sector banks prepare to shore up capital before ECL shift | Markets News
Chennai-based Indian Bank has also secured board approval for fundraising measures that include a ₹5,000 crore qualified institutional placement (QIP).…
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