Browsing Tag
financial services
72 posts
Morgan Stanley (NYSE: MS) slashes headcount at peak profitability — and that tells you everything about where banking is heading
Morgan Stanley cuts 2,500 jobs across investment banking, trading, and wealth management despite record 2025 revenue of $70.6 billion. Read the full strategic breakdown.
Central 1 Credit Union selects GEP SOFTWARE for AI-powered Source-to-Pay transformation
Central 1 Credit Union is deploying GEP SOFTWARE’s AI-native Source-to-Pay platform. Find out what this move means for procurement strategy in Canadian banking.
Fifth Third (NASDAQ: FITB) and Comerica (NYSE: CMA) clear final approvals for $10.9bn merger
Fifth Third and Comerica will merge to form the ninth-largest U.S. bank. Find out what the $10.9B deal means for investors, customers, and the sector.
EPAM debuts industry-specific AI agents on Google Cloud Marketplace to target finance, healthcare, and retail
Find out how EPAM Systems is commercializing enterprise AI with seven production-ready agents on Google Cloud Marketplace for finance, healthcare, and retail users.
Why IBM’s DORA designation could change vendor risk management in EU finance
IBM has been named a critical ICT provider under the EU DORA regulation. Find out what this means for Europe’s financial sector and IBM’s roadmap.
DXC Technology (NYSE: DXC) enters U.S. fintech stack with Aptys partnership targeting core banking APIs
DXC Technology and Aptys Solutions partner to transform U.S. banking connectivity. Discover how 5,500+ financial institutions will benefit from real-time payments.
Truist (NYSE: TFC) names Microsoft veteran Pascal Belaud as chief AI and data officer, launches private equity-focused Institutional Capital Group
Truist taps Microsoft’s Pascal Belaud as chief AI officer and expands PE coverage via Institutional Capital Group. Read what this means for investors.
Bank of America (NYSE: BAC) joins forces with Sir David Beckham to expand global sports impact initiative
Sir David Beckham joins Bank of America to lead its Sports with Us platform. Explore how this partnership aims to empower communities through global sports.
Hoyne Bancorp wins member approval for conversion, funds new charitable foundation and sets stock offering date
Find out how Hoyne Bancorp is reshaping its structure with a member-approved conversion, new charitable foundation and upcoming HYNE stock listing.
Manulife and Mahindra launch $800m JV to seize India’s life insurance growth wave
Find out how Manulife Financial Corporation and Mahindra & Mahindra Ltd. are reshaping India’s insurance market with a bold $800 million joint venture.