banking
Banking
Swiss bank EFG on course for record profit, CEO says
Banking
Banks, construction shares lead rebound in Europe’s STOXX 600
Banking
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
Banking
Russia’s central bank says inflationary pressure remains high
Commerzbank and UniCredit hold second round of investor talks, source says
Date: November 16, 2024
BERLIN (Reuters) -Commerzbank and UniCredit held a round of investor talks this week, a person briefed on the matter said on Friday, the second such interaction since Italy’s No. 2 bank disclosed in September that it had snapped up a significant stake in the German lender. Commerzbank CEO Bettina Orlopp was on the call, but...
ECB should cut rates further to support recovery, Cipollone says
Date: November 16, 2024
FRANKFURT (Reuters) – The European Central Bank should cut interest rates further to support a nascent economic recovery in the euro zone, also in the face of potential new trade tariffs in the United States, ECB board member Piero Cipollone said on Friday. The ECB has cut interest rates three times since June after seeing...
Digital transformation in banking and finance: Navigating innovation and compliance in 2025
Date: November 15, 2024
By Ivan Garces, CPA, Chief Risk Officer, Risk Advisory Services Practice Leader at Kaufman Rossin As we approach 2025, we are witnessing fascinating times in the banking & finance sectors, as tech-driven innovation is transforming the way financial institutions do business and build customer relationships. We have seen a major transition to digital-first strategies and...
UK must keep trade open and EU close in fragmenting world, Bank of England’s Bailey says
Date: November 14, 2024
By Andy Bruce (Reuters) – Britain should stand up for free trade and rebuild ties with the European Union as the global economy fragments, Bank of England Governor Andrew Bailey said in a speech on Thursday that cast an eye towards Donald Trump’s White House return. Bailey said a commitment to open trade was vital...
Boeing starts issuing layoff notices as planemaker trims 10% of workforce
Date: November 14, 2024
By David Shepardson, Allison Lampert WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce. U.S. staff receiving the notices this week will stay on Boeing’s payroll until January...
CCaaS + AI = An A+ CX: The new math for improving the banking customer experience
Date: November 14, 2024
By Matthew Marion, Senior Product Manager, UCaaS & CCaaS, at Windstream Enterprise Financial institutions operate in a world where the quality of the customer experience (CX) matters as much as the quality of a product or service itself, and customers are inclined to take their business elsewhere if interactions with their bank aren’t consistently rich,...