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Banking News

BIST 100 Starts the Week Up 0.09% at 12,277.24 Points

BIST 100 Opens the Week 0.09% Higher

New Cardless and Buttonless ATMs Transform Banking Transactions

New ATMs Enable Cardless Withdrawals via Mobile Apps

Italy's Antitrust Authority Launches Probe into Intesa Sanpaolo's Bid for Monte dei Paschi

Italy Antitrust Probes Intesa Sanpaolo's Monte dei Paschi Bid

Bundesbank Ends Free Employee Accounts Amid Criticism

The Bundesbank is discontinuing free accounts and deposits for approximately 21,000 employees and pensioners. The move has drawn sharp criticism.

Commerzbank Profit Jumps in Q2 Amid Takeover Speculation

Commerzbank announced a significant profit increase in the second quarter. The positive financial results come amid ongoing speculation about a potential takeover bid by UniCredit.

ECB: Banks Too Optimistic on Geopolitical Crisis Impact

The European Central Bank (ECB) found that while Eurozone banks have solid capital and liquidity positions, their plans for geopolitical shocks may be too optimistic. The ECB noted that banks identified vulnerabilities but their assessments of potential damage were overly confident.

German Financial Regulator BaFin to Increase Oversight of AI Use in Banking and Insurance

Germany's BaFin to Oversee AI Use in Banks and Insurers

Banking is the financial industry involving the management of deposits, loans, and payment services for individuals and institutions.