EU banks stable despite Middle East uncertainties, says EBA
The European Banking Authority (EBA) has released its fourth quarter 2025 Risk Dashboard, reporting that banks across the EU and…
24 Mar 2026
India’s HDFC Bank to review chairman exit over ethics concerns
HDFC Bank has engaged two domestic international law firms to examine the resignation letter submitted by former part-time chairman Atanu Chakraborty. The bank has instructed the firms to deliver their assessment within a reasonable timeframe. …
24 Mar 2026
Financial institutions face rising IT budgets as they balance innovation, legacy and regulation: Celent
Financial institutions are entering 2026 with competing technology priorities, from scaling artificial intelligence (AI) capabilities and strengthening data governance to modernising legacy systems and managing rising regulatory demands. Celent’s research,…
23 Mar 2026
Bahrain vulnerable as conflict tests GCC banks
Bahrain stands out as one of the more exposed GCC banking systems if the regional conflict becomes prolonged, according to S&P Global Ratings, although Gulf banks hold sufficient liquidity to…
23 Mar 2026
Kotak Mahindra nears deal to buy Deutsche Bank’s India retail unit – report
Kotak Mahindra Bank has been identified as the preferred bidder to acquire Deutsche Bank’s retail operations in India, reported Economic Times (ET). The transaction, valued at approximately Rs 45bn ($480m),…
23 Mar 2026
Starling Bank unveils AI-powered banking assistant
Starling Bank has rolled out an AI-driven assistant for personal current account holders, marking a reported first for UK banks in deploying an agentic AI tool to support everyday financial tasks. Accessible…
20 Mar 2026
HSBC weighs up to 20,000 job cuts amid AI shift – report
HSBC is considering cutting up to 20,000 roles, representing around 10% of its workforce, over the next few years in AI-driven overhaul, reported Bloomberg. The job cuts would target mainly non-client facing positions in service centres worldwide. The assessment is at…