European Banks Beat Profit Forecasts, but Brazil Weighs on Santander

By admin October 28, 2026 No comment

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European banks including Deutsche Bank, BNP Paribas, Standard Chartered and Santander reported stronger-than-expected third-quarter profits, easing investor concerns about slowing earnings growth. UBS also reported results broadly in line with market expectations and accelerated its share buyback programme. The results come as European banking stocks face pressure from

AI Cuts Deutsche Bank’s Corporate Loan Decisions to Minutes

By admin October 26, 2026 No comment

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Deutsche Bank is using artificial intelligence to speed up corporate lending decisions, reducing processing times for some smaller businesses from weeks to just minutes. The technology, launched during the summer, has also shortened lending decisions for multinational corporations from months to weeks, according to Marie-Jeanne Deverdun, the bank’s technology chief.

Banks race to access Anthropic’s Mythos amid cyber risk concerns

By admin April 21, 2026 No comment

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The launch of Anthropic’s advanced AI model Mythos has triggered a rush among global banks to secure access, while regulators intensify scrutiny over potential cybersecurity risks. Officials at the International Monetary Fund meetings recently flagged concerns that the model’s capabilities could challenge banks’ legacy systems and expose vulnerabilities. Major financial

Deutsche Bank Offices Raided in Germany Over Money Laundering Probe

By admin January 29, 2026 No comment

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German authorities have raided Deutsche Bank’s offices in Frankfurt and Berlin as part of an investigation into suspected money laundering, prosecutors said. The Office of the Federal Prosecutor said it is probing “unknown individuals and employees” at Germany’s largest lender, alongside the Federal Criminal Police Office, over past business relationships with foreign

Merger talks of Commerzbank and Deutsche Bank fails

By admin April 26, 2019 No comment

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Commerzbank and Deutsche Bank have abandoned the merger talks. They said that the deal could not be approved since it appeared to be too risky. The banks unanimously said that the deal would not have generated “sufficient benefits” to offset the costs of the deal. Two biggest listed lenders of Germany had said there were […]