US lenders lift payouts after Fed stress test
A group of large US banks outlined dividend increases, and, in several cases, share repurchase plans after the Federal Reserve published its…
26 Jun 2026
Credit Agricole eyes 29.9% stake in Banco BPM – report
Credit Agricole has notified the Italian government of plans to raise its holding in Banco BPM to almost 30%, Reuters reported, citing sources. The French bank told officials in Rome it had used…
25 Jun 2026
UK banks win court battle in historic loan complaint case – report
A High Court judge in London has ruled against the Financial Ombudsman Service in a dispute over whether consumers can pursue complaints about older overdraft and credit card cases outside…
25 Jun 2026
Indian central bank proposes stricter oversight of AI/ ML risks for banks
The Reserve Bank of India (RBI) has issued draft rules that would require banks and other regulated entities to tighten oversight of risks linked to AI and machine-learning (ML) models.…
25 Jun 2026
Santander mulls up to 3,000 early retirements in AI push – report
Banco Santander has started discussions with trade unions in Spain on a voluntary early retirement framework that could cover as many as 3,000 workers, according to Spanish daily Expansion. The…
24 Jun 2026
Iranian banks suspend card services after cyberattacks – report
Three major Iranian banks halted card-based services after cyberattacks caused disruption, reported Reuters citing the country’s state-owned banking technology provider. The Informatics Services Corporation said that Bank Melli, Bank Saderat…
24 Jun 2026
Backbase buys Kasisto to expand agentic AI banking capabilities
Backbase has acquired Kasisto, an agentic AI platform provider for banks and other financial institutions, for an undisclosed sum. Kasisto’s platform, its financial services intelligence and its team in New York have been folded into Backbase and its AI-native Banking OS. According to Backbase, the transaction…