Italy blocks DeepSeek over privacy and data concerns
Italy’s data protection authority has taken decisive action against the Chinese AI application DeepSeek, blocking access to the chatbot and launching an investigation over...
Northern businesses more likely to rely on borrowing for growth, finds price Bailey Research
CAMBRIDGE, England– Businesses in the North of England are more than twice as likely as those in the South to increase borrowing to fund...
Santander unifies its global media and creativity services with Publicis
Madrid, Santander is consolidating its media and creative services worldwide under a single agency to help its business transformation. The goal is scale and accelerate...
Standard Chartered secures Luxembourg license for digital asset custody in EU
Standard Chartered, a leading global financial institution, has announced a significant milestone in its expansion into digital asset services. The bank's digital asset custody...
Swiss Re targets a net income of more than USD 4.4 billion for 2025
Swiss Re's Group Chief Executive Officer Andreas Berger said: "We have taken decisive actions in 2024 to increase the resilience of our business. We achieved...
Helping industries do better with generative AI: ABB launches Genix Copilot with Microsoft
Building on its long-standing collaboration with Microsoft, ABB has launched ABB Ability Genix Copilot, a generative AI solution that helps energy, utilities and other...
Santander hires Nitin Prabhu as global head of Digital Consumer Bank
Banco Santander announced today that Nitin Prabhu is to join its management team as the global head of Digital Consumer Bank (DCB). DCB is...
Santander to sponsor Williams Racing, complementing its existing partnership with Formula1
Santander announced today a new sponsorship with the Formula 1 team Williams Racing. The bank will become an official partner of the team starting...
ABB invests in Engineering Software Steyr (ESS) to reduce costs and emissions for automotive paint shops
ABB has entered into a strategic collaboration with Austria-based Engineering Software Steyr GmbH (ESS) to develop powerful simulation tools that will transform automotive paint...
ABB acquires Solutions Industry & Building to expand its cable protection systems
ABB announced today it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used...
Santander and Pemberton agree strategic partnership to launch Invensa, a global inventory management and solutions platform
Santander Corporate & Investment Banking (“Santander CIB”), Santander’s global division that supports corporate and institutional clients, and Pemberton Asset Management (“Pemberton”), a leading European...
Life insurance drives global premium growth as interest rates remain higher for longer, says Swiss Re Institute
Global life insurance premiums are forecast to grow at an annual rate of 3% in 2025 and 2026, more than double the rate of...
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Inter-Departmental committee meets to review proposals of foreign banks seeking presence in India
The Inter-Departmental Committee (IDC), chaired by the Secretary, Department of Financial Services (DFS), Shri M. Nagaraju, held a meeting today to consider proposals submitted...
Bitmine Immersion (BMNR) announces ETH holdings reach 4.11 million tokens, and total crypto and total cash holdings of $13.2 billion
Bitmine Immersion Technologies, Inc. a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long term investment, today announced...
Proposed IBC amendments encouraging, given persistently low recovery rates and lengthy resolutions: ICRA
ICRA expects the proposed amendments introduced to Insolvency and Bankruptcy Code (IBC), in Parliament along with other reforms and proposals put forth by Ministry...
2025 marks pivotal shift in india’s financial landscape as aspirations, digital growth fuel momentum: Ramesh G, MD & CEO, HDB financial services
Ramesh G, Managing Director & Chief Executive Officer of HDB Financial Services, shared his year-end outlook, highlighting 2025 as a pivotal year for India’s...