Bank-now: UBS Subsidiary Loses Prestigious Mandate

Porsche Switzerland is restructuring its leasing offerings. Instead of continuing to use the balance sheet of Bank-now — which became part of UBS after the Credit Suisse acquisition — the automaker will now handle leasing through its own company,...

Berlusconi family sell Monza football club to US investment fund

ROME - The Berlusconi family on Tuesday agreed the sale of Monza, who were relegated to the Italian second division last season, to the American investment fund Beckett Layne Ventures. "Fininvest (the Berlusconi family's holding company) and...

Bank stocks near record with buyback, dividend boosts on horizon

(Bloomberg) — US bank stocks closed at their highest level in three years as investors continued to pile into the group amid speculation they will begin to boost buybacks and dividends after the lenders comfortably cleared the Federal Reserve’s...

Bank Of America Comments On Stress Test Results Plans To Increase Quarterly Dividend 8% To $0.28 Per Share

(MENAFN- PR Newswire) CHARLOTTE, N.C., July 1, 2025 /PRNewswire/ -- Bank of America today commented on the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common...

Bank ordered to pay Sh284m withdrawn from Koinange's family account

Late Minister Mbiyu Koinange. [File] In a long-awaited ruling, the High Court has ordered a bank to pay Sh284 million to the estate of the late powerful politician Peter Mbiyu Koinange. This is after the lender mysteriously allowed unknown persons...

Bankrupt Powin may have a suitor

5 ways AI is supercharging research in financial services

As the capital markets industry has expanded both in scope and complexity, research has only become more essential. Since the late twentieth century, globalization, specialization, and increasingly complex regulatory frameworks have all elevated...

One of Europe’s Largest Banks to Launch Digital Asset Custody in 2026

TL;DR Deutsche Bank is preparing to introduce its digital asset custody service in 2026, leveraging Bitpanda Technology Solutions and Swiss-based Taurus SA. The move reflects rising institutional interest and comes amid clearer European...

Banks set sights on record QIP money

By Mahesh Nayak Banks are poised for highest-ever fundraise through qualified institutional placements (QIPs) in FY26. Within the first three months, banks have announced plans to raise a staggering Rs 72,000 crore, surpassing the previous high of...

FCA: ‘We do not need new rules for AI in financial services’

TSB Bank ramps up commercial lending

TSB Bank boosted commercial lending by 29%, to $222 million, in the March year, its annual report shows. The total loan book grew by 3%, to $7.7 billion. That comprised 13% commercial, up from 10% in the March 2024 year, while residential lending...

Slovenia Increases Contribution to World Bank’s IDA by 30%

Ljubljana, July 1 2025 — Slovenia has announced a 30% increase in its contribution to the World Bank's International Development Association (IDA), reinforcing its commitment to supporting the world's poorest countries. The enhanced commitment was...

Webster Bank taps former Ally CRO

Dive Brief: Webster Bank has appointed Jason Schugel as its next chief risk officer and executive vice president, the lender said Tuesday. Schugel takes the reins from Daniel Bley, who’s retiring after 14 years with the Stamford, Connecticut-based...

Germany’s Deutsche Bank targets 2026 launch for crypto custody services

Global banking institutions are stepping deeper into crypto, and among them, Germany’s Deutsche Bank is laying out timelines for launching its new services. According to a Tuesday Bloomberg report, the Frankfurt-based institution is gearing up to...

USDC Issuer Circle Seeks National Trust Bank Charter After IPO Surge

TL;DR Circle, the company behind USDC, has applied for a U.S. national trust bank license to gain more control over its stablecoin reserves and to offer digital asset custody services for institutions. The move follows a successful IPO that valued...

HDFC Bank net banking app, UPI service down for several users

HDFC Bank's net banking and UPI services are reportedly down for several users. According to Downdetector, nearly 1,000 users have reported issues while using the lender's services. While the bank has not officially disclosed the cause of the...

UniCredit Bank Introduces 5-Year Investment Product Tied to Bitcoin ETF

TL;DR UniCredit launched an investment certificate in Italy tied to BlackRock’s Bitcoin ETF, with full capital protection and returns capped at 85%. The product, with a $25,000 minimum investment, will be available from July 1 to 28 for...

AI, Data And Digital Disruption: What’s Driving Financial Services Transformation In 2025

The pace of change in financial services is unrelenting. For those shaping strategy across Digital Transformation, AI, Data, and Operations, anticipating innovation and disruption has become an integral part of their role. As the sector navigates...

Atlantic Union Bank partners with Feed More on “Bank on Ending Hunger” initiative, opening accounts feeds folks

To kick off the summer, Atlantic Union Bank and Feed More are partnering on a “bank on ending hunger” initiative. Across the Atlantic Union Bank footprint, for every checking account opened between June 1 and August 31, the bank will donate four...

Lake City Bank Welcomes Its Intern Class Of 2025

Pictured are the 2025 interns at Lake City Bank. In front from left are Lily Ault, Neha Yadav, Nicole Rodriguez, Emily Goon, Maya Ballinger, Lily Waters and Titus Taylor. In the middle from left are Max Sternberg, Ryan DePew, Izabelle Losee, Nate...