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
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
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 […]


