Top Kenyan banks listed on the Nairobi Securities Exchange (NSE) have published their financial results for the first half of the 2025 financial year, offering a glimpse into how the country’s largest ...
Banks face a hit to their bottom lines of as much as $170 billion if they don’t adapt their business models to respond to customers turning to artificial intelligence to optimize their finances. The ...
SYDNEY—Commonwealth Bank CBA0.50%increase; green up pointing triangle of Australia reported a flat first-quarter profit as volume growth helped offset a contraction in its net interest margin amid ...
(Reuters) -Bank of America beat Wall Street estimates for profit, benefiting from bumper third-quarter investment banking, and upgraded its outlook for net interest income, sending its shares up 5% in ...
Banks could save huge amounts in operating costs through artificial intelligence (AI), but the technology will eventually erode their profits, as AI agents make recommendations to customers. According ...
Deutsche Bank's investment banking revenue surpasses expectations CEO Sewing confident in meeting 2025 financial targets Retail and corporate bank divisions show mixed revenue growth FRANKFURT, Oct 29 ...
Bank of America BAC0.97%increase; green up pointing triangle reported third-quarter earnings and revenue that bested analysts’ expectations, thanks to healthy consumer activity and a busy summer in ...