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Nicosia is banking on the UN Secretary-General’s political will, increased European Union interest, and the clear link between EU-Turkey relations and the Cyprus problem to support UN efforts to restart talks.
A woman lost her job at US bank JPMorgan Chase after taking a New York Knicks trash can as a souvenir during championship celebrations, an act condemned by the city's sanitation department.
All major US banks have successfully passed the Federal Reserve's annual stress test. This outcome paves the way for banks to increase dividends and share buybacks.
The Federal Reserve's annual stress test indicates that U.S. banks are capable of absorbing $708 billion in losses, with the results not directly impacting capital requirements this year amidst an overhaul of capital rules.
Cyprus' banking sector has urged close cooperation with the state and the newly elected House of Representatives, issuing a warning against populist interventions regarding foreclosure measures that could undermine financial stability.
Despite Cypriot banking representatives assuring European regulators of the island's banks' strength and profitability, questions are being raised regarding their activities and overall performance.
A survey in Lithuania shows that residents primarily use cards for daily expenses, and losing one can cause significant stress. The article provides guidance on how to act in such a situation.
US banks are making a final effort to influence proposed changes to capital rules as the Federal Reserve concludes its consultation period. The industry is advocating for modifications to the new regulations.
US bank Jefferies has become notably involved as an owner or lender of Commerzbank shares, while the Evangelische Bank loses a board member and Morgan Stanley makes a high-profile hire.
The Central Bank of Cyprus announced that excess liquidity in the Cypriot banking system decreased to €17.4 billion by the end of 2025, down from €18.4 billion a year prior.
Indian-origin financier Mahender Makhijani has been accused of defrauding a US bank of $100 million and using sex parties as part of his scheme. Authorities are investigating his flashy lifestyle and alleged fraudulent activities.
Total U.S. bankruptcy filings, encompassing both businesses and individuals, increased by 7 percent in May compared to the previous year. The data indicates a significant rise in financial distress across the country.
The Piraeus Bank Group Cultural Foundation (PIOP) is celebrating International Archives Day with a 'double' event titled 'Archives: sciences and arts' on Tuesday, June 9, 2026, at its building in Tavros, Greece.
US bank regulators are reportedly planning to present a deregulatory agenda to lawmakers, signaling a shift in their approach to financial oversight.
Bank360 Koin is a new digital financial service that aggregates bank account data from various banks onto a single platform, categorizes transactions, and enhances daily financial transparency.
Piraeus Bank has been included in Europe's Climate Leaders list for the sixth consecutive year. This recognition highlights the bank's ongoing commitment to climate initiatives.
Piraeus Bank continues its collaboration with the Athens Epidaurus Festival, acting as the exclusive sponsor for two significant concerts to be held at the Odeon of Herodes Atticus in June 2026, as part of the "Farewell Celebrations."
The Federal Reserve and the Federal Deposit Insurance Corporation have given their approval to the 'living wills' of the largest U.S. banks, outlining their plans for orderly resolution in case of failure.
US banks have successfully proven the effectiveness of artificial intelligence in their operations, but the primary challenge now lies in scaling these AI solutions across their organizations. The focus shifts from proof-of-concept to widespread implementation.
US banking giant JP Morgan Chase is making a move into the German private customer market, aiming to attract clients with an introductory offer of four percent interest on overnight deposits.
Donald Trump has significantly strengthened his influence within the Republican Party, particularly after his endorsed candidates defeated critics in recent primary elections. This consolidation of power has been described as his endorsement machine steamrolling dissent.
Morgan Stanley has provided its Hong Kong-based bankers with China-only iPhones. This measure reflects the US bank's increasing concerns over data security for staff traveling to mainland China.
The Association of Cyprus Banks (ACB) announced that Cyprus is hosting the official meetings of the European Banking Federation (EBF) this week, positioning the island at the center of significant developments in the European banking sector.
US bank analysts suggest a "Finland scenario" for the Russia-Ukraine war, where Ukraine cedes some territory but maintains sovereignty and its pro-Western course.
A major US bank predicts that the most likely outcome for the Russia-Ukraine war is a "Finland scenario," where Kyiv would lose some territory but retain sovereignty, its army, and its Western integration path.
The U.S. Treasury Department's FinCEN has issued an alert to American banks regarding suspected money laundering activities linked to Iran.
Anthropic's Mythos AI system has reportedly prompted US banks to urgently address potential cybersecurity vulnerabilities. Concerns are being raised about whether the technology poses a significant risk to financial institutions.
The fast-growing payments company Wise has moved its stock listing to Nasdaq, raising questions about its potential impact on U.S. banks.
Piraeus Bank's stock is reported to be just shy of its year-to-date and five-year highs, having closed at 8.6 euros, indicating it has already reached its 2026 targets.
America's largest banking groups have expressed dissatisfaction with the CLARITY Act's newly proposed stablecoin legislation, stating it 'falls short' of adequately protecting bank deposits.
A leading U.S. bank estimates that global oil stocks are nearing their lowest levels in years, currently standing at approximately 101 days of global demand.
China's rare defiance of US sanctions has sparked a significant confrontation between the two nations, particularly concerning the banking sector. This move marks an escalation in their ongoing tensions.
US banks are currently uncertain about the full scope of a looming government order concerning citizenship data.
Cyprus bank deposits soared to a record €57.8 billion in March 2026, increasing by €426.8 million month-on-month, while loans grew at twice the economic rate, according to data from the Central Bank of Cyprus.
The Association of Cyprus Banks has presented a new strategy focused on strengthening outward engagement, as announced by newly appointed director general Marios Skandalis.
Harris Margaritis, Executive General Manager at Piraeus Bank, emphasized the importance of understanding AI's actions and maintaining accountability in its universal integration.
Piraeus Bank is expanding its activities into infrastructure, with Executive General Manager Theodoros Tzouros announcing plans for investments totaling 120-150 billion euros over the next decade.
Piraeus Bank has received significant national and international awards, highlighting its strategic commitment to sustainability, innovation, and the continuous evolution of its procurement operations.
A major US bank forecasts a nearly 110% increase for a specific "exotic" auto stock, which is widely recommended for purchase by experts in the competitive automotive market.
To mark World Dance Day on April 29, the Piraeus Bank Group Cultural Foundation is hosting an experiential expression and creativity workshop for adults titled "Words in Motion" on April 30, 2026.
Providus Bank has opened a new branch in Ado-Ekiti, Nigeria, as part of its nationwide expansion efforts to support local enterprise and enhance financial inclusion.
Representative Terry Ridon has called for previous AMLC leaderships to be held accountable for their failure to flag suspicious bank transactions related to the Dutertes over several years, despite correct records being available.
Piraeus Bank's management, led by CEO Christos Megalou, announced a target to double its dividend to €0.8 per share by 2030 and achieve total distributions of €5 billion by the same year.
The PIOP Silk Museum, part of the Piraeus Bank Group Cultural Foundation, has been added to the list of recognized museums by the Ministry of Culture, affirming its high quality and dedication.
Anthropic is providing the technology to power Piraeus Bank's newly established AI hub.
The largest banks in the United States are reportedly shaking off fears related to private credit, suggesting a renewed confidence or stability in that market segment.
Cyprus's systemic banks are preparing for a wide range of economic outcomes for 2026, with GDP forecasts varying from robust growth to significant contraction, depending on geopolitical tensions and trade conditions.
Bawag shares have reached an all-time high, leading market analysts to suggest that Irish taxpayers were significant losers in a previous bank sale, drawing parallels to the 2013 sale of Irish Life.
A billionaire's challenging experience with the US banking system has reportedly motivated her to pursue a mission of disruption within the industry.
US banks are reportedly concerned about a potential competitor in the cryptocurrency sector, prompting calls for stricter laws, while experts predict significant stock potential for this newcomer.
OP, a major Finnish financial services group, is experiencing service outages throughout the weekend, affecting its various banking and financial services.
Discussions were held with major U.S. banks regarding Anthropic's new Mythos AI model, which was rolled out to a select group of companies due to concerns that hackers could exploit its capabilities.
As earnings season approaches, analysts are highlighting valuation opportunities for long-term investors in major US banks, with favorable sentiment noted for specific institutions like Valley National Bancorp despite private credit risks.
Analysts suggest that US banks could potentially release $320 billion in capital if new draft rules are implemented. This development could significantly impact the banking sector.
US banks are projected to report solid first-quarter results, even as they navigate a period of macroeconomic uncertainty.
Reports on the wealth declarations of municipal mayors in Moldova for 2025 show significant salaries, dividends, debts, and numerous bank accounts.
French authorities have charged four individuals, including three minors, in connection with an apparent attempt to detonate a homemade explosive device outside the Bank of America headquarters in Paris, an incident anti-terror prosecutors link to a lesser-known group.
Piraeus Bank's market capitalization has surpassed €9 billion, with its stock increasing by nearly €600 million in a single day.
French police have made two more arrests in connection with a foiled bomb attack outside a Bank of America building in Paris, with prosecutors investigating a suspected link to the Iran war due to similarities with other recent attempted attacks in Europe.
French authorities successfully thwarted an apparent bomb attack outside a Bank of America branch in Paris, arresting a man who allegedly attempted to ignite a homemade explosive device in the city's 8th arrondissement, with a counter-terrorism investigation now underway and one suspect detained.
Total bank deposits in Cyprus rose by €202 million in February 2026, marking a 4.7 percent year-on-year increase, following a dip in January, according to the Central Bank of Cyprus.
Christos Megalou, CEO of Piraeus Bank, has reiterated the bank's strong focus on growth within Greece, leveraging the dynamics of the domestic economy. He previously stated that any potential acquisitions by the bank would be concentrated within Greece, emphasizing investment banking.
Unity Bank has refuted rumors of being under-capitalized, asserting its full compliance with Central Bank of Nigeria requirements following its approved merger with Providus Bank.
An ECB blog post indicates that Greece is facing new loan challenges despite its recovery from a previous bank crisis.
The car of Ricardo Claro, a restaurant director missing since Friday, has been found. His sister reported suspicious bank card activity, suggesting he was robbed, and police are investigating.
US bank told clients that European stocks exposed to private credit had 30 per cent ‘downside risk’
The Central Bank of Cyprus reported that the banking sector's profitability declined in 2025, with aggregate profits dipping to €1 billion, while assets grew to nearly €70 billion.
US Bank is reportedly making efforts to streamline and automate healthcare payment processes, aiming to improve efficiency in the sector.
The Federal Reserve has given its approval to the annual stress tests for 32 major US banks, which demonstrated resilience against a hypothetical economic collapse scenario, even with projections of $700 billion in potential losses.
US officials, including Marco Rubio and Donald Trump, have stated that tolls on shipping through the Strait of Hormuz are unacceptable, while also clarifying that unfrozen Iranian funds would be strictly overseen for humanitarian purposes. These statements come amidst ongoing tensions and conflicting reports regarding US-Iran relations and regional security.
US banks are looking to the Federal Reserve's upcoming stress tests for a new assessment of their financial health and resilience.
Piraeus Factoring, a subsidiary of Piraeus Bank, achieved significant international recognition by securing second place among 143 companies at the FCI Awards 2026 in Lisbon, as reported by Greek media.
Laser Digital, a subsidiary of Nomura, has been granted conditional approval for a US National Trust Bank Charter, marking a significant step in its regulatory journey.
A quiet revolution is reportedly underway at the Federal Reserve, providing the U.S. banking sector with a catalyst more potent than traditional interest rate cuts.
Elon Musk has issued a stark warning about the potential bankruptcy of the United States, even as reports suggest he has become the world's first trillionaire.
US bank regulators are reportedly ramping up their scrutiny of how financial companies are utilizing artificial intelligence.
The Belgian government plans to sell a 20% stake in Belfius bank, a move that could impact the financial sector.
SoFi has made history by becoming the first U.S. bank to launch its own stablecoin, a move that analysts are examining for its implications in the financial sector.
Thousands of US Bank customers are reporting issues with the bank's app, login, and online banking services this morning due to an outage.
An article from La Vanguardia lists the top five immediate loan options available in June 2026, detailing various banking and financial entities, their terms, interest rates, and response times for online applications.
Deposits in the Cypriot banking system decreased by €123.1 million in April 2026, reversing a net increase seen in March, according to the Central Bank of Cyprus.
A rare meeting between a high-ranking US general and Cuban military officials took place at the edge of Guantanamo Bay. This marks an unusual direct military contact between the two nations.
Piraeus Bank's stock has reached a new annual and five-year high, becoming the first systemic bank to recover its pre-war peaks.
An associate of alleged crime boss Nafiz Modack was grilled in court regarding suspicious bank deposits totaling R213,000.
FIS and various banks are reportedly in discussions to explore potential new uses for their network infrastructure.
A key feature of the annual stress test for US banks is reportedly being undermined, posing risks to the legacy of Barney Frank.
Coral A.E., a Shell Licensee, has partnered with Piraeus Bank to offer a new double reward program for its corporate customers through the yellows loyalty scheme. This collaboration aims to enhance benefits for fuel top-ups.
Former President Trump has issued an order requiring US banks to intensify their examination of clients' citizenship status as part of a new measure aimed at strengthening immigration enforcement.
Piraeus Bank's market capitalization is approaching the €10 billion threshold, indicating a significant financial development for the institution.
State actors are reportedly using dark web identity markets, shell companies, and domestic facilitators to penetrate American financial systems and circumvent sanctions.
CEOs from major US banks Citigroup and Goldman Sachs held discussions with Chinese government representatives in Beijing. The meetings focused on business consultations between the financial leaders and officials.
The Association of Cyprus Banks (ACB) has emphasized the importance of proactive measures against digital crime and financial fraud, urging businesses to enhance their cybersecurity.
An investigation is underway to determine how the Sikder family managed to secure such substantial loans from various banks. The inquiry aims to uncover the mechanisms and potential irregularities behind their extensive financial dealings.
The emergence of Anthropic's Mythos AI system has reportedly led US banks to accelerate efforts in plugging cyber vulnerabilities.
Elias Lekkos of Piraeus Bank presented key trends shaping the Greek economy's future at the 2nd CFO Summit, noting the country is gradually approaching European productivity averages.
A survey conducted by U.S. Bank indicates a short-term decrease in optimism among Chief Financial Officers.
The renowned Philharmonia Orchestra and internationally acclaimed Leonidas Kavakos will perform a symphonic evening at the Athens Concert Hall, sponsored by Piraeus Bank.
The International Monetary Fund (IMF) has stated that Cyprus' banking sector remains resilient but shows limited vigour, warning that changes to the foreclosures framework could hinder bad loan clearance and increase borrowing costs.
According to a senior official, banks in the United States are actively working to strengthen their defenses and prepare for potential cyberattacks leveraging artificial intelligence.
Premia Properties AEEAP is proceeding with the acquisition of a real estate portfolio valued at €49 million from Piraeus Bank, based on an agreement signed on April 20, 2026.
The Cyprus Banks Association has written to local government organizations, demanding explanations for the revocation of planning permits and warning that banks risk exposure on loans.
PREMIA Properties announced an agreement between Piraeus Bank and its subsidiary, Pandora Invest II A.E., for the acquisition of 34 properties valued at 49 million euros, intended for exploitation.
Piraeus Bank highlights its strength and technological readiness, adopting a human-centric perspective in its operations. The bank notes that modern leadership models differ from previous decades due to technology's increased influence on banking functions.
Executives from Piraeus Bank Group, Charis Margaritis and Vassilis Koutentakis, discussed key technological trends. Margaritis highlighted the universal integration of Artificial Intelligence, while K
An expert has issued a warning to US citizens regarding idle bank accounts, advising them to secure their money promptly as funds can now be turned over to the state.
George Hatzinikolaou, Chairman of Piraeus Bank, stated that banks possess the capital, liquidity, and knowledge to finance economic growth and are doing so, emphasizing the importance of investments.
Goldman Sachs is at the forefront of a 'frenzy' of US banks engaging in record renminbi borrowing, driven by China's low interest rates which are attracting more foreign issuers.
Christos Megalou, CEO of Piraeus Bank, stated at the 11th Delphi Economic Forum that Greece has all the prerequisites for international growth in the technology and defense sectors.
Piraeus Bank and the Municipality of Ioannina have signed a Memorandum of Understanding to collaborate on initiatives promoting sustainability, environment, culture, and social integration in the…
The Silk Museum of the Piraeus Bank Group Cultural Foundation has been added to the list of recognized museums by the Ministry of Culture, affirming its high quality.
Piraeus Bank is supporting public health in Greece by making targeted donations of equipment to Laiko Hospital and the National Centre for Emergency Care (EKAV), recognizing public health as a foundation of social cohesion.
Piraeus Bank announced the renewal of its cooperation with the Ministry of National Defence, providing comprehensive banking products and services to all military and civilian personnel of the Armed Forces.
Iran has offered a proposal to allow ships to exit the Oman side of the Strait of Hormuz free of attack, amidst ongoing tensions and warnings to the United States regarding blockades. This comes as the US and Israel affirm identical goals concerning Iran.
First-quarter results from various banks are providing valuable insights into their exposure to private credit markets. These reports offer a clearer picture of the financial institutions' involvement in this growing segment.
Providus Bank has launched its Training to Transaction Programme to assist African small and medium-sized enterprises in expanding into global trade, providing practical support for international market access.
The Bank of England is scheduled to hold discussions with various banks regarding Anthropic’s Mythos, likely exploring its implications for the financial sector.
The Federal Reserve is reportedly requesting detailed information from US banks regarding their exposure to private credit firms. This move suggests a closer look at potential risks within the financial system.
The US Treasury Secretary has convened a meeting with US bank CEOs to discuss the cyber risks posed by Anthropic's latest AI model, which has identified decades-old vulnerabilities, following an urgent warning from authorities.
JPMorgan has lowered its price targets for Bank of America and Wells Fargo, with UBS also trimming estimates, citing volatility risks for the banking sector.
Pakistan's Small and Medium Enterprises Development Authority (SMEDA), the State Bank of Pakistan (SBP), and various banks are coordinating efforts to expand credit, urging provinces to take the lead in financing small and medium-sized enterprises.
The Central Bank of Cyprus has announced that all local banking institutions will be closed for a three-day period to observe the annual Orthodox Easter holidays.
Japan is implementing a new strategy to combat money laundering by scammers, allowing police to create fictitious online bank accounts to track the flow of illicit funds.
US banks are increasing their security measures after a weekend attack on a financial institution was thwarted, leading Citigroup to instruct its employees in Paris and Frankfurt to work from home.
Piraeus Bank and ELEPAP (Hellenic Society for the Protection and Rehabilitation of Disabled Persons) are continuing their innovative "BRAVE IN - Return to Productivity" program for the fourth consecutive year as part of their corporate social responsibility initiatives.
A US bank predicts that the FanDuel app could generate an additional $125 million in revenues, a figure not yet included in Flutter's official guidance.
Anchorage Digital has made history by becoming the first federally chartered US bank to offer custody services for Tron (TRX) cryptocurrency, marking a significant step for digital asset integration in traditional banking.
Piraeus Bank's stock continues to trade below 7 euros, remaining trapped at its lowest levels since 2026.
Piraeus Bank is advancing in the competitive international environment with a structured strategy and clear goals, achieving high distinctions in economic growth, sustainable financing, and green transition, managing €80 billion in deposits and assets.
Anneli Tuominen, a member of the ECB Supervisory Board, discussed the major weaknesses of European banks, Austria's specific risks, and the prevailing dominance of US banks in the financial sector.
The Central Bank of Cyprus reported that credit conditions for businesses and households remained stable in the fourth quarter of 2025, despite a significant increase in demand for residential and consumer loans.
Police have released official information regarding a bank robbery that occurred at the 'Artea' bank in Vilnius on Wednesday afternoon, detailing the use of a mask and an alarm button during the incident.
The library of House of Cassini features 17-foot ceilings bedecked by plaster sculptures of owls, urns, and cherubs. Evan Joseph A fashion heiress and her sister, both in their 80s, fought six years to keep a 1901 townhouse. A mystery buyer, the top bidder in a contentious bankruptcy, purchased the home for $34.5 million. The sisters failed to halt the Gilded Age home's sale, which closed on Tuesday. A Gilded Age Manhattan townhouse, the subject of a contentious and lengthy bankruptcy battl...
The US Federal Reserve has announced plans to lower capital buffers for major US banks, a move that could impact financial regulations and stability.
Providus Bank and Unity Bank are set to commence operations as a single unified institution, combining their strengths to create a stronger platform for customers and the Nigerian economy.
A summary of various Greek political and economic developments, including new Maximos Mansion polls, discussions between Samaras and K.K.R., Maria K.'s troika, and Piraeus Bank's negotiations over IASO.
The Federal Reserve's latest stress test results indicate that the largest US banks possess sufficient capital and resilience to endure a severe economic recession, affirming the stability of the financial system.
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has warned against complacency despite strong results for Cypriot banks. The central bank is examining the activation of a systemic risk buffer.
Today's financial update provides current interest rates for various banking products, including high-yield savings accounts, money market accounts, and Certificates of Deposit (CDs). It also details the latest mortgage and refinance interest rates.
Mauritius is reportedly relying on funds related to the Chagos Archipelago dispute to help address its budget deficit for the 2026-27 fiscal year.
The United States and Iran have begun discussions aimed at a peace solution, with talks taking place in the Swiss Alps. While some express hope for a resolution, skepticism remains regarding the potential outcomes and the differing perspectives on the Iran deal.
The Central Bank of Cyprus reported a 23.6% fall in the profitability of the country's banking sector during the first quarter of 2026, amounting to a €62 million decrease.
US bank regulators are reportedly ramping up their scrutiny of the use of artificial intelligence within financial companies.
The U.S. Justice Department has issued subpoenas to several major American banks as part of an ongoing inquiry into 'debanking' practices.
A delegation from the Association of Cyprus Banks (ACB) visited Brussels to present the positive performance of the Cypriot economy and banking sector to various professionals, authorities, and organizations.
Big US banks are reportedly targeting a 2027 launch for a tokenized deposit network.
Several prominent U.S. banks have joined forces to develop a new tokenization network, aiming to enhance digital transactions.
A new restaurant has achieved the prestigious three Michelin stars, remarkably rising from a previous bankruptcy. Meanwhile, chef Toni Kostian, who has pursued two Michelin stars for years, expressed his personal reaction to the latest awards.
Dr. Papa Kwesi Nduom has declared that GN Savings will resume operations, signaling a new era for indigenous banking despite reports of potential Supreme Court action.
US banks experienced a profit uptick in the first quarter, according to a report from the Federal Deposit Insurance Corporation (FDIC). This indicates a positive financial performance for lenders during the period.
Uber has made an $11.6 billion takeover bid for Delivery Hero and is exploring options to enhance its offer after initial investor rejection. Other companies like DoorDash are also reportedly interested in the Berlin-based food delivery group.
Piraeus Bank plans to reactivate an ATM in the remote Greek village of Delvinaki, restoring a service previously operated by Cashflex.
First Carolina has filed for an Initial Public Offering (IPO), joining a growing trend of US bank listings in the current market.
Jay Woods of Freedom Capital Markets has identified a buying opportunity in a large U.S. bank, based on technical analysis of its stock charts.
The Uzbek Metals Combine is reportedly planning to raise €70 million through loans from various banks.
Organized groups representing victims of the 2013 Cyprus bank bail-in are asking political parties to commit to restitution ahead of parliamentary elections.
Nigerian financial institutions are racing to meet a new CBN cybersecurity standard, while the Securities and Exchange Commission warns citizens against a rise in Ponzi schemes on social media. These efforts are part of broader regulatory oversight in the country's financial sector.
The 13-year-long US bankruptcy proceedings for Celtic Tiger developer Seán Dunne have finally concluded, with a trustee's report confirming only €24.1 million of the €755 million owed has been recovered.
A major US banking giant has issued a warning that the United Kingdom is not expected to experience any economic growth this year.
A US bank has revealed a security lapse where customer data was inadvertently shared with an artificial intelligence application, raising privacy concerns.
The article warns that the payouts from the EUFN ETF could quickly disappear if not for safeguards provided by U.S. bank ETFs.
GameStop CEO Ryan Cohen was permanently suspended from eBay after a 'wild bid' to acquire the company, which included opening an eBay storefront to fund the potential acquisition, leading to investor uncertainty.
Optimus Bank announced robust financial results for fiscal year 2025, with profit before tax rising by 69.94% to ₦24.14bn, reflecting over 4,000% growth in three years.
American companies are increasingly choosing foreign jurisdictions, particularly London, as the new frontier for their debt restructuring and bankruptcy proceedings.
The Shkodra Prosecutor's Office has brought four individuals to court, identified by initials A.C., A.G., G.G., and V.J., on suspicion of collaborating to conduct fictitious banking transactions to conceal the illegal origin of 500,000 euros.
Oracle's ambitious $300 billion data center expansion to support OpenAI is reportedly creating significant bank-debt challenges, as lenders struggle with exposure limits and their capacity to finance these massive projects, impacting banks across the US.
Piraeus Bank announced a strong operational performance in the first quarter, reporting significant profitability of 281 million euros. The bank is reportedly on track to achieve its 2026 financial targets.
Revolut's CEO, Nik Storonsky, is banking on a US banking license and an initial public offering to sustain the fintech company's rapid growth.
The Cyprus Banks Association has requested information from local government organizations regarding a growing crisis over building permit cancellations. Lenders are concerned about potential non-performing loans resulting from the situation.
Vassilis Koutentakis of Piraeus Bank detailed the bank's strategies to enhance end-to-end customer service and deliver immediate responses through embedded finance in Greece.
Piraeus Bank's Executive General Manager, Theodoros Tzouros, stated that the bank's activities are expanding into infrastructure, estimating an investment wave of €120-150 billion in Greece over the next decade.
Anthropic is reportedly planning to offer its Mythos AI model to European banks, following initial access granted to large US banks, as global financial institutions explore the technology.
Christos Megalou, CEO of Piraeus Bank, emphasized that technological innovation is fundamental to the bank's core strategy. He stated that technology is deeply embedded in the bank's DNA.
Several companies, including Carlisle, SkyWest, and various banks, have released their latest quarterly financial results, with many also reaffirming or updating their future revenue and earnings outlooks for upcoming fiscal years.
Wall Street is assessing the theoretical but practically difficult-to-realize risk that stablecoins pose to deposits in US banks.
The Central Bank of Cyprus (CBC) announced that all banks across the island will remain closed on May 1, 2026, in observance of Labour Day.
Piraeus Bank and Accenture have expanded their strategic partnership to establish a dedicated AI Hub in Greece, which will utilize technologies developed by Anthropic.
Piraeus Bank's annual general meeting is scheduled for today at 6:00 PM to make a decision regarding the return of capital.
Piraeus Bank is set to open the season for regular general assemblies among Greek banks on Tuesday, April 21st. These meetings traditionally present the previous year's results and outline strategic priorities.
U.S. Bancorp and BNY Mellon have both reported significant increases in their profits, primarily attributed to strong growth in net interest income and fee revenue. This indicates a positive financial performance for these major American banks.
Major U.S. banks, including Morgan Stanley and Bank of America, reported strong first-quarter earnings, with BofA notably avoiding a single daily trading loss. These positive results contributed to advances in the S&P 500 and Nasdaq as earnings season began.
Large US banks have kicked off earnings season with surging profits, yet investors remain moderately enthusiastic due to high uncertainty in the market.
Experts from a US bank suggest that certain stocks may have overcorrected in recent months and are now good buying opportunities. They recommend three specific stocks with a potential profit of up to 50 percent.
A top US government official has warned leaders of major American banks about a new artificial intelligence model developed by Anthropic, citing concerns that it could heighten the risks of cyberattacks.
Major US banks are expected to temper their bond sales activities following a robust performance in their 2026 debut.
Nomba and Globus Bank have reported a low loan default rate of less than 1% after deploying N21.3 billion, attributing their success to a data-driven fintech lending model in Nigeria.
Disa vende në të gjithë zonën e konfliktit në Lindjen e Mesme kanë raportuar shkelje të armëpushimit.
A prominent US bank has stated that the current market sell-off differs from that of 2022, recommending that investors leverage the market weakness to increase their exposure.
Cyprus banks face a mixed outlook as the European Central Bank is expected to raise interest rates twice by July, as the Middle East conflict stokes inflation.
Oil prices have shown significant volatility, experiencing retreats as the Middle East conflict is perceived to be easing and markets await clarity on trade policies, while Asian equities have also risen on tentative hopes of a resolution.
The Piraeus Bank Group Cultural Foundation's Museum Shops are showcasing a unique Easter collection featuring handmade gifts inspired by Greek tradition and the themes of its nine museums.
Australia is set to implement a ban on surcharges applied to payment card transactions and will also reduce various bank fees, though businesses are warning of potential price increases as a result of the RBA's decision.
The Botswana government is currently in negotiations with various banks to secure P15 billion (approximately $1.1 billion USD) in loans.
The dollar is caught in a struggle over stablecoin regulation, with US banks and China vying for influence as a bill to regulate digital assets faces delays.
GCB Bank PLC, Ghana's largest indigenous bank, announced a record Profit Before Tax (PBT) of GHS3.17 billion for the 2025 financial year, strengthening its market leadership.
An analysis delves into the factors influencing long-term interest rates and discusses current US bank regulations, providing insights into broader financial market dynamics.
ELLA RESORTS has successfully completed a €710 million bond loan financing agreement with Piraeus Bank, marking a significant investment in the hotel group's expansion plans.
Various units of the Evolve US Banks Enhanced Yield ETF, including Unhedged USD, CAD, and Hedged units, have declared dividends ranging from $0.14 to CAD 0.16 and CAD 0.125.
A N7.4 billion renewable energy project is underway in Ebonyi, a collaboration between the Rural Electrification Agency (REA) and Lotus Bank, aiming to deliver 7MW of power to over 30,000 homes.
Wikifarmer announced a new funding round of $7.7 million (7.1 million euros), co-led by Brighteye Ventures and Piraeus Bank, a leading bank in the agricultural sector, marking a strategic partnership.