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European Banks Hit by Rogue PayPal Payments Worth 'Billions' — REUTERS / pwu404
PayPal · Germany

European Banks Hit by Rogue PayPal Payments Worth 'Billions'

Coverage: 21 sources
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UniCredit’s Physical Stake in Commerzbank Increases to 26%
Europe · Frankfurt

UniCredit’s Physical Stake in Commerzbank Increases to 26%

Coverage: 10 sources
UniCredit SpA has expanded its equity stake in Commerzbank AG to about 26%, buttressing the firm as the German rival’s biggest investor.See the Story
One in Ten UK Banking Jobs at Risk From AI
Artificial Intelligence · United Kingdom

One in Ten UK Banking Jobs at Risk From AI

Bankers across the UK could be on the chopping block as the industry piles billions into AI. The push into the modern tech will put some 27,000 roles at risk – representing ten per cent of the UK banking sector’s workforce.  By 2030, banks across the country will have piled over £1.8bn into generative AI by 2030, fresh data shared with City AM has revealed. The bullish gen AI plans are set to result in “productivity gains” across the industry, w…See the Story

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