BNP Paribas expands ties with Mistral AI to boost generative AI capabilities
BNP Paribas has extended its partnership with Mistral AI for three years to significantly strengthen its generative AI capabilities. The…
26 May 2026
Lighter rules help US, UK banks add $1.3tn to balance sheets
Top banks in the US and UK increased their balance sheets by $1.3tn over the past two quarters, according to new research, as looser regulation in both markets gave lenders…
26 May 2026
Indian central bank sets up panel on quantum technology for financial sector
The Reserve Bank of India has constituted an eight-member committee to examine questions linked to quantum technology and draw up a roadmap and framework aimed at making India’s financial system…
26 May 2026
First Carolina commences US IPO process
First Carolina Financial Services, the parent company of First Carolina Bank, has submitted paperwork for a US initial public offering. The group operates across commercial banking, payments, consumer banking and wealth management. Keefe, Bruyette & Woods is the sole bookrunner…
25 May 2026
US OCC chief calls bank living wills “seriously flawed”, abstains from voting
US Comptroller of the Currency Jonathan V. Gould has abstained from a Federal Deposit Insurance Corporation (FDIC) vote on staff feedback relating to the July 2025 Dodd-Frank Act Section 165(d)…
22 May 2026
Banks must focus on customer experience or risk irrelevance: EY study
Customer experience is emerging as a defining factor in Indian banking, according to a new EY India study, which says lenders can no longer rely on products and pricing alone as points…
22 May 2026
JPMorgan chief pushes for more AI experts over traditional hires – report
JPMorgan chief executive Jamie Dimon said the bank is expected to recruit more workers with AI expertise and “fewer” conventional bankers as the technology becomes more widely used, reported Bloomberg. In an interview to Bloomberg Television Dimon said: “I think…