Finance
UniCredit Nears Commerzbank Control Amid German Opposition
Italy's UniCredit secured 47.6% of Commerzbank shares, advancing its takeover bid. The move faces widespread German opposition, including from the federal government.
#banking 29 articles
Finance
Southside Bancshares Reports Strong Q2, Targets 2026 Loan Growth
Southside Bancshares reported robust Q2 2026 profitability, with CEO Keith Donahoe highlighting key metrics. The bank is targeting mid-single-digit loan growth for...
Stocks
ServisFirst Forecasts 4-6% Quarterly NIM Expansion on $2B Repricing
ServisFirst Bancshares (SFBS) projects a 4% to 6% quarterly net interest margin expansion for Q2 2026, driven by over $2 billion in...
Stocks
Fifth Third Projects $8.74B-$8.80B 2026 NII Outlook
Fifth Third Bancorp projects 2026 Net Interest Income between $8.74B and $8.80B, ahead of a Labor Day conversion, while reporting Q2 2026...
Finance
Starling Bank Cuts 130 Roles, Citing AI Integration and Restructuring
Starling Bank plans to cut approximately 130 jobs, about 3% of its workforce, as it automates roles and restructures operations, citing increased...
Investing
CIBC Settles NSF Suit, Wafr Secures $100M, Toronto Home Sales Rebound
CIBC agrees to a $10 million class action settlement over NSF charges. Wafr secures $100 million for AI data centre tech, while...
Finance
Stripe, Banks Urge Congress: Payments Regulation Must Evolve
A House committee hearing saw Stripe and banks advocate for updated payment regulations, arguing current rules hinder innovation and fail to fit...
Finance
AI Fuels Faster, Harder Cyberattacks: Banks Must Adapt
Top intelligence agencies warn AI is weaponizing cyberattacks, making them faster and cheaper. Banks are now prioritizing AI-driven defenses to counter this...
Finance
NatWest CEO: AI to Assume Existing Banking Roles
NatWest CEO Paul Thwaite confirmed AI will take over some existing banking roles, a sentiment echoed by other industry leaders as financial...