DIB increases stake in Türkiye's TOM Group to 25%
Dubai Islamic Bank (DIB) has increased its stake in Türkiye’s TOM Group, a financial services conglomerate, from 20% to 25%.
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Banks
UniCredit raises stake in Commerzbank to 28% through derivatives amid takeover pursuit
Investors are watching whether UniCredit will proceed with a takeover venture of Germany's Commerzbank or Italian peer Banco BPM. Source
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‘This was preventable’: Corporate world shudders at new risks after slaying of UnitedHealthcare CEO
Threats against corporations have been rising for years, fueled in part by the echo chamber of social media and an
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UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive
Divided between two takeover courtships, UniCredit's Andrea Orcel may need to decide between going big abroad or staying home. Source
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Barclays profit jumps 23% in third quarter, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations. Source link
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Turkish banks’ ‘compelling potential drawing foreign investors’ – Latest News
Turkish banks’ ‘compelling potential drawing foreign investors’ Hurriyet Daily News Source link
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AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by
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German court rules against Deutsche Bank in Postbank acquisition lawsuit
Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by
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HSBC names Pam Kaur as first female CFO amid major restructuring
HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank
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