Many of us can remember a panicky moment when we wondered if our bank deposits were safe. For lots of people, that day came last spring when Silicon Valley Bank collapsed, leaving $150 billion of ...

ProcessOut and Trustly unite to simplify bank payments for merchants ProcessOut, a leading payment orchestration platform, and Trustly, the global leader in Pay by Bank solutions, today announced a ...

Investment banking is one profession within the financial services industry that is salivating at the chance to use generative artificial intelligence to lighten the workload. The field has been using ...

As banks enter 2025, the industry finds itself in a paradox. Digital has made banking more efficient, but it's also made it more impersonal. AI holds the key to solving this paradox As banks continue ...

Wells Fargo & Company WFC has been pursuing a strategic exit from various non-core and lower-return businesses to streamline its focus on consumer banking, commercial lending, and high-return areas.

Suncorp Group has reported that during the first half of the 2022 financial year it continued to simplify its digital assets across all three business divisions, namely insurance, banking and wealth, ...

NEW YORK, Sept 13 (Reuters) - Citigroup C.N CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank.

The review forms part of the bank's wider simplification program ordered by Chief Executive Georges Elhedery after he took ...

Simply sign up to the European banks myFT Digest -- delivered directly to your inbox. Europe’s top banking regulator plans to simplify capital rules for larger lenders and dial down scrutiny of ...