EMEA

Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
January 18, 2024  |  Banking

The head of Deutsche Bank says merging with Commerzbank is not a priority. In an interview with CNBC Thursday (Jan. 18), Deutsche Bank CEO Christian Sewing seemed to quash recent...

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UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
January 18, 2024  |  Banking

British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. The move follows a strategic review of the company’s banking arm, the supermarket chain...

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Report: Bain Could Sell Payroll Firm Zellis for $2.5 Billion
Report: Bain Could Sell Payroll Firm Zellis for $2.5 Billion
January 18, 2024  |  Business

Bain Capital is reportedly weighing a sale of British payroll software company Zellis. A sale could value Zellis at around $2.5 billion, Bloomberg News reported Thursday (Jan....

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Will AI’s Biggest Questions Find Their Answers This Year?
Will AI’s Biggest Questions Find Their Answers This Year?
January 17, 2024  |  artificial intelligence

Technological innovations bring with them vast economic opportunities, but also an equal number of questions. These can include questions around their most effective use, questions...

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Microsoft Says It’s OK With OpenAI Structure Following Altman Reinstatement
Microsoft Says It’s OK With OpenAI Structure Following Altman Reinstatement
January 16, 2024  |  artificial intelligence

Microsoft CEO Satya Nadella says he has no problem with partner OpenAI’s governing makeup. His comments, as reported Tuesday (Jan. 15) by Reuters, came two months after the...

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Mangopay and Storfund Team to Eliminate Payment Wait Times
Mangopay and Storfund Team to Eliminate Payment Wait Times
January 16, 2024  |  Faster Payments

French payment infrastructure provider Mangopay has teamed with Storfund to help sellers get paid faster. The company announced its collaboration with the British FinTech in a news release Tuesday...

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Worldline Taps Google Cloud to Enhance Digital Payments
Worldline Taps Google Cloud to Enhance Digital Payments
January 16, 2024  |  Digital Payments

Payments services company Worldline has joined forces with Google Cloud to enhance its digital transformation. “Since 2022, Worldline has initiated a ‘Move to Cloud’ program that includes using the cloud to...

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Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
January 15, 2024  |  Banking

Deutsche Bank has reportedly resumed merger discussions with fellow German financial institution Commerzbank. The two companies had called off their initial plans to merge five years ago. But now,...

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French Tech Firm Atos Names Ex-Sprint Nextel Exec Paul Saleh as CEO
French Tech Firm Atos Names Ex-Sprint Nextel Exec Paul Saleh as CEO
January 15, 2024  |  Personnel

Atos’ CEO resigned following a disagreement over governance of the French tech firm. Yves Bernaert is leaving the company after “an intense period of transformation...

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