Deutsche Bank to recruit 250 bankers for wealth management – report
Deutsche Bank intends to hire up to 250 bankers to support the expansion of its wealth management business across Germany,…
18 Nov 2025
SuMiTB implements FIDO authentication to secure mobile banking services
Sumitomo Mitsui Trust Bank (SuMiTB) has selected Japanese information technology (IT) company SCSK and US-based digital security solutions provider OneSpan to enhance the security of its mobile banking services. This…
17 Nov 2025
Westpac extends regional branch moratorium to 2030
Westpac has extended its regional branch moratorium until 2030 and launched a pilot for a new Community Banking Service aimed at enhancing access to banking in regional Australia. The Westpac…
17 Nov 2025
Dutch banks to reduce workforce amid AI adoption and cost-cutting – report
Dutch banks are set to cut thousands of jobs as they adopt artificial intelligence (AI) and implement cost-saving measures to address profitability challenges, Bloomberg reported. According to the report, the…
14 Nov 2025
Emirates NBD stays in IDBI Bank bidding despite $3bn RBL Bank deal – report
Emirates NBD remains an active contender in the process to acquire a stake in IDBI Bank, even after announcing a $3bn agreement for purchasing a 60% holding in RBL Bank, reported…
14 Nov 2025
DFCC Bank agrees to purchase Standard Chartered’s Sri Lankan operations
DFCC Bank has signed a binding business sale agreement to acquire Standard Chartered Bank’s (SCB) wealth and retail banking businesses in Sri Lanka. The deal includes SCB Sri Lanka’s credit…
13 Nov 2025
Russia approves Citibank Russia sale to Renaissance Capital
Russian President Vladimir Putin has reportedly authorised the sale of Citibank’s remaining Russian operations to Renaissance Capital, through a presidential decree. According to Reuters, the approval is required under Russian…