UBS Looks for M&As in the US

Posted by - March 20, 2024

Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the next few years, its chairman told the media recently. UBS, which took over former rival Credit Suisse last June, wants to expand its US wealth-management business through potential M&A in the next three or four years, Colm Kelleher

Only 6% Banks Ready for Large-scale AI Transformation

Posted by - March 15, 2024

The 20th anniversary edition of the Capgemini Research Institute’s World Retail Banking Report, published today, reveals 80% of retail bank executives believe that generative AI represents a significant leap in advancing AI technology. However, only 6% of retail banks are ready with a roadmap for enterprise-wide AI-driven transformation at scale. As a result of macroeconomic

Indian Bankers to Get Higher Salary Hikes

Posted by - March 15, 2024

Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation’s economic boom as China slows, as per industry insiders. Salaries in India could rise by 10% in 2024, analyst Sarah Jane Mahmud wrote in a note Friday, citing

BKN301 Employs ‘White-Label’ Banking-as-a-Service Solutions

Posted by - March 12, 2024

BKN301 Group, a leading payment and Banking-as-a-Service provider in the MENA region, is driving innovation with its ‘White-Label’ Banking-as-a-Service solutions to create tailored services that cater to a diverse clientele, with a particular emphasis on traditional banks and fintech companies, including neobanks. With its commitment to innovation, BKN301 has positioned White-Label solutions as the foundation

UBF CEOs Plan 2024 Banking Sector Revolution

Posted by - March 11, 2024

The CEOs Advisory Council of UAE Banks Federation (UBF), the sole representative and unified voice of the UAE banks, held its first regular meeting for the year 2024 under the chairmanship of His Excellency Abdulaziz Al-Ghurair, Chairman of the Board of Directors of the Federation, to discuss the latest trends and developments in the banking

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