Deutsche Bank shuns “aggressive” promotions to beat rivals
Deutsche Bank’s finance chief said the lender would not mirror rivals’ "aggressive" promotions to win new customers, maintaining confidence in…
04 Jun 2026
Freedom pursues French banking licence amid US SEC scrutiny
Freedom Holdings has applied for a French banking licence as it looks to enter Europe’s digital banking sector, while its Nasdaq-listed parent remains under examination by the US Securities and…
04 Jun 2026
New Celent Report Alert: AI Change Agents in Corporate and Transaction Banking
Celent has released a new report, entitled AI Change Agents in Corporate and Transaction Banking.The report starts by justifying that it is Time to Pay Attention and then make predictions regarding the Future…
03 Jun 2026
UniCredit stake in Commerzbank reaches 34.4%
UniCredit has lifted its directly held stake in Commerzbank to 34.4% through the takeover offer it began on May 5, a move that has faced broad opposition in Germany. Weekly figures published…
03 Jun 2026
J.C. Flowers buys French banking arm of Monte Paschi
J.C. Flowers has acquired French banking arm of Monte Paschi Banque, for an undisclosed sum. The bank had operated as the French unit of Monte dei Paschi di Siena and…
02 Jun 2026
Absa gets approval to buy Standard Chartered Uganda assets
Absa Bank Uganda has secured approval from the Bank of Uganda to take over the wealth and retail banking business of Standard Chartered Uganda. Standard Chartered agreed in October 2025 to sell its wealth…
02 Jun 2026
OpenAI offers UK banks cyber tool access as Anthropic limits Mythos – report
OpenAI has made its GPT-5.5 Cyber system available to nine leading UK banks, while competitor Anthropic has not included them in early access to its Claude Mythos model, reported BBC. The two systems…