Monte dei Paschi deem Intesa offer below average level
Banca Monte dei Paschi di Siena (BMPS) has reviewed early findings from advisers UBS and BofA Securities on Intesa Sanpaolo’s…
17 Jul 2026
Palo Alto’s Nir Zuk among investors in Liberty Bank parent company
Palo Alto Networks co-founder Nir Zuk and The Bancorp co-founders Daniel and Betsy Cohen have finalised separate share purchases in DMG Bancshares, the parent of Liberty Bank, alongside other investors…
16 Jul 2026
Italy moves to shed domestic bank holdings – report
Italy is moving towards exiting its shareholdings in domestic banks, Economy Minister Giancarlo Giorgetti said, pointing to a possible sale of the state’s 4.9% stake in Banca Monte dei Paschi di Siena (MPS), reported Reuters. …
16 Jul 2026
UK sets out AI adoption plan for financial services – Industry reaction
The UK government has published a policy agenda aimed at increasing the use of artificial intelligence in financial services, while seeking to keep regulatory and systemic risks in check. The proposals draw on measures…
15 Jul 2026
First Bancorp to buy First Carolina Bancshares in $166m deal
First Bancorp has agreed to acquire First Carolina Bancshares in a transaction valued at $166m. The purchase price is based on First Bancorp’s share price of $64.22 on 13 July…
15 Jul 2026
Canada regulator warns major banks on Anthropic AI cyber risks – report
Canada’s federal banking watchdog alerted the country’s financial institutions on risks tied to Anthropic’s Claude Mythos and other advanced AI models, reported Reuters. According to the regulator, the technology could…
15 Jul 2026
UK BNPL regulations come into effect: Industry reaction
Deferred payment credit (DPC), often known as Buy-now-pay-later (BNPL) is finally subject to FCA regulation. According to the FCA, it wants its regulatory regime to reduce the risks of harm…