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Unemployed managers with boxes in hands. Mass layoff of office staff concept. Fired man and woman in empty room. Problem of unemployment in society. Reduction of white collar workers

News

AI, Tariffs Fuel Big Tech Layoffs

This year is on course to become one of the worst years of this century for job cuts, comparable only to the Great Financial Crisis of 2008 and 2009 and the year of the pandemic, 2020.

Award Winners

AI In Finance Awards 2025: Round II

In banking as in other industries, AI is rapidly becoming a core business driver. The biggest gains will come from a foundational rethink of operations, not marginal improvements.
Sponsored Content

Poland’s Long-Term Partner for Custody Services

Poland’s custody market is nearing a turning point. As custodians seek reliable, experienced banking partners, Bank Pekao is growing custody services in the Polish market, says Robert Smuga, Managing Director, Head of Financial Institutions and Custody, Bank Pekao.
Globalization Artificial intelligence (AI) digital world smart futuristic interface technology background, Vector Illustration

Award Winners

AI In Finance Round II—Global Winners

The Rise Of Intelligent Banking: Internally and externally, AI is transforming global banking. The effort is paying off in streamlined operations, personalized advice, and greater client trust.
Sponsored Content

In conversation with Sohail Sultan, Chairman, iibGroup

Commitment to sustainability – from financing green and blue bonds, to creating digital access for customers, to maintaining transparent governance for all stakeholders – can enable banks to create a culture that fosters long-term resilience, trust and value creation.
Financial Action Task Force or FATF website homepage. The FATF is an inter-governmental body of 37 countries against money laundering and terrorist financing.

News

FATF Removes 4 Countries From Watchlist

The FATF removed South Africa, Nigeria, Mozambique, and Burkina Faso from its “Jurisdictions under Increased Monitoring” list, commonly known as "the gray list."
Aspirin pills from Bayer

Capital Raising & Corporate Finance

Bayer’s New CFO HasA Risky Mountain To Climb

Judith Hartmann will succeed Wolfgang Nickl as CFO. Her appointment comes as the pharmaceutical giant struggles with high debt—over €32 billion at the end of last year.
COMESA free trade area. Common Market for Eastern and Southern Africa members flags on spheres. 3D rendering

News

Newest Cross-Border Payment System Goes Live

The 21 member states of the Common Market for Eastern and Southern Africa (COMESA) can now trade directly in local currencies rather than the US dollar via its recently launched Digital Retail Payments Platform (DRPP), which went live on October 9.
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