Commerzbank to shed 3,000 jobs amid UniCredit bid
Commerzbank has revealed plans to cut 3,000 jobs as it set tougher profit goals, part of an effort to reinforce its position…
08 May 2026
UniCredit to divest part of Russian subsidiary to UAE investor
UniCredit has signed a non-binding term sheet covering the disposal of part of its Russian subsidiary, AO Bank. The proposed buyer is described as a “well-established private investor” based in the…
08 May 2026
10x Banking teams up with Tweezr on AI banking migration
10x Banking has joined forces with Tweezr, a company focused on deterministic AI for interpreting legacy systems, to lower risk in core banking migration projects. The agreement centres on a persistent challenge in core…
08 May 2026
Card Issuing and Processing Solutions – new Celent reports alert
Card issuing and processing vendor landscape is now very diverse. The market used to be dominated by a relatively small number of software vendors and processors. In recent years, the…
07 May 2026
HDFC Bank governance review finds no major lapses – report
Legal advisers examining governance at Indian banking giant HDFC Bank are expected to tell the board this month that they have not identified any significant failings, reported Reuters citing undisclosed sources. The conclusion would remove a key obstacle to…
07 May 2026
Santander to drop UK’s TSB name after takeover
Santander is preparing to remove the TSB name from Britain’s high streets following its acquisition of the UK retail bank, ending a brand history that stretches back more than 215…
06 May 2026
Anthropic targets financial services with new AI agents
Anthropic has introduced a new set of AI agents for banks and other financial services groups, as it looks to widen its enterprise customer base ahead of a possible initial…