Italy’s UniCredit gains around 48% Commerzbank stake
UniCredit said investors have tendered shares equal to 17.60% of Commerzbank’s outstanding share capital in response to its voluntary offer, a…
09 Jul 2026
SambaNova to power on-prem AI inference for JPMorgan
JPMorganChase has picked SambaNova as an inference-infrastructure partner to support secure, on-premise AI inference. The US banking major will install the start-up’s SN40 and SN50 systems, purpose-built for agentic inference. The disclosure was made as the AI chip maker raised $1bn as part of a Series F investment round, giving it a post-money valuation of…
08 Jul 2026
Narmi to launch AI Decision Assist
Digital banking platform provider for banks and credit unions, Narmi, is to launch AI Decision Assist. The new agentic AI capability is designed to help financial institutions automate and accelerate…
08 Jul 2026
HSBC opens review of Turkish retail and business banking operations
HSBC has begun a review of its retail and corporate banking activities in Türkiye as part of the group’s broader global restructuring programme. In a statement, the bank said the…
08 Jul 2026
Bank of England to relax leverage rules for UK banks
The Bank of England (BoE) plans to loosen a key capital rule for UK lenders, in a move aimed at helping banks maintain lending and support financial markets during periods…
07 Jul 2026
Hometown Financial to buy Primary Bank, shift to stock structure
Hometown Financial Group has agreed to acquire Primary Bank in a deal valued at about $160m, expanding its presence in southern New Hampshire. The company also approved a plan to…
07 Jul 2026
Klarna applies for banking licence in US
Klarna has applied for a US banking licence, filing applications with the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC). The Swedish buy-now-pay-later (BNPL) outfit is…