French lender BPCE takes 7% stake in Spain’s Sabadell
Europe
Norwegian lender DNB to cut 400 jobs in AI overhaul
The Norwegian banking group has directed capital into automation and digital tools to modernise customer services and streamline operations.
Hungary’s OTP Bank weighs Russia exit amid Luminor purchase – report
Commerzbank may buy UniCredit’s German unit HVB – report
Danske Bank expects further job cuts in AI push – report
Societe Generale targets higher profits and cost cuts in 2029 outlook
Turkey revokes Istanbul licence of Iran’s Bank Mellat branch
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