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UK’s Co-operative Bank to cut 400 jobs as part of cost reduction programme

The Co-operative Bank in the UK is planning to cut around 400 jobs across its business. This move is part of a cost-reduction...

Deutsche Bank to cut 3,500 roles over two years amid €2.5bn savings drive

Deutsche Bank plans to cut approximately 3,500 jobs over the next two years as part of its €2.5 billion operational efficiency program. The...

10x Banking raises $45m to fuel expansion efforts

Funding Boost: Core banking solution provider 10x Banking secures $45 million in a funding round. Investors: BlackRock and JP Morgan Chase lead the funding, with...

Hinckley & Rugby Building Society appoints Barry Carter as new CEO

New CEO Appointment:Barry Carter appointed as the new CEO of Hinckley & Rugby Building Society. Effective from 2 January 2024.Professional Background:...

First Bank taps Backbase for engagement banking platform

First Bank Partnership with BackbaseFirst Bank, based in St. Louis, US, has implemented the Backbase Engagement Banking platform for a seamless, digital-first...

Commerzbank becomes first German bank to receive crypto custody licence

Commerzbank granted first crypto custody license among German full-service banks Aims to develop a range of digital asset services, with a focus on...

Qatar’s CQUR Bank partners Finastra to power new online corporate banking portal

Qatar's CQUR Bank uses Finastra Solutions for a new online banking portal for corporate clients. Finastra's corporate channels and trade innovation solutions power...

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