The associated restructuring expenses are scheduled to be booked in the fourth quarter of 2026. Credit: Konektus Photo/ Shutterstock.com. DNB is set to eliminate roughly 400 full-time roles as part of ...

The lender’s Russian branch caters to individual and corporate customers. Credit: Evgeniy Vasilev/ Shutterstock.com. Russian President Vladimir Putin has approved the restructuring of Italian lender ...

Shareholders would also receive 1.6 newly issued Intesa shares for each MPS share. Credit: MDart10/ Shutterstock.com. Intesa Sanpaolo has increased its offer for Monte dei Paschi di Siena (MPS), ...

Fraud leaders across Europe, the Middle East and Africa are grappling with rising fraud complexity and AI-enabled threats, even as they accelerate investment in AI-driven detection and enterprise-wide ...

The holding will remain capped below 9.9%. Credit: Manuel Esteban/ Shutterstock.com. BPCE has secured an interest of roughly 7% in Banco de Sabadell through a combination of market transactions and ...

Revolut plans to open its western European headquarters in Paris as it looks to expand further across the continent. The UK fintech, last valued at $75bn, said it has signed a ten-year lease for ...

The three banks will now hold discussions to proceed with the business integration. Credit: Dmitry Demidovich/ Shutterstock.com. Procrea Holdings, Akita Bank, and Bank of Iwate have agreed to start ...

Monzo has taken a decisive step in reshaping its international strategy, withdrawing from the US market, while simultaneously launching operations in Ireland. The moves signal a recalibration of its ...

Once the transaction closes, the acquired business will be rebranded as Revolut Bank Argentina. Credit: FotoField/ Shutterstock.com. Argentina’s central bank has authorised Revolut to purchase Banco ...

Technical deployment relies on the Oracle Blockchain Platform and Oracle Digital Assets Data Nexus. Credit: PJ McDonnell/ Shutterstock.com. Oracle has integrated its banking software suite to Swift’s ...

ASIC will work with the APRA to reduce overlap with related work on AI risks. Credit: MUNGKHOOD STUDIO/ Shutterstock.com. Australia’s corporate regulator will examine how banks are using, or proposing ...