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The recent ruling by the European Court of Justice requires banks to reimburse victims of phishing within 24 hours, even in cases of serious negligence, while the number of reported phishing attempts in Belgium in 2026 amounts to more than 40,000 per day. #Phishing #SécuritéBancaire #JusticeEuropeenne (translated)

America's largest banks are preparing against the growing threat of AI-powered cyberattacks, as the cyber risk is considered to have "increased tenfold" since the introduction of more powerful AI models, which could potentially lead to significant disruptions in the financial system. #Cyberrisiko #KünstlicheIntelligenz #Banken (translated)

Febelfin, the federation of Belgian banks, has filed an appeal with the Constitutional Court against the tax on capital gains, and argues for a clear and enforceable application of the law without questioning the political decision to introduce this tax. #TaxeSurLesPlusValeurs #Fiscalité #DroitConstitutionnel (translated)

The author wrote that American large banks are confronted with AI agents as a new type of bank robbers, withdrawing money on behalf of arbitrary individuals. He asked how accounts would be protected. https://t.co/hUaeaFkPS8 #Banken #KünstlicheIntelligenz #Sicherheit #US (translated)

Emanuel Boeminghaus wrote that Barclays is cutting around 5,000 jobs, even though the British banking giant is reporting billion-pound profits. This represents about five percent of the global workforce: 1,000 positions have already been eliminated, and a further 4,000 are expected to follow by the end of 2026. About 60 percent of the cuts will affect support functions, including software development. The British retail banking sector and administrative areas in India are particularly affected. According to Boeminghaus, Barclays reported a profit of 2.3 billion pounds for the third quarter. Group CEO CS Venkatakrishnan announced plans to extensively implement artificial intelligence in the future. However, the bank described the cuts as part of a larger modernization program, not solely a result of AI. Further efficiency measures are expected to yield savings of 1.1 billion pounds by 2027. Boeminghaus noted that the job cuts show that high profits do not protect jobs from automation. He cited BBC from October 22, 2026, as the source. https://t.co/K80tDzqvMu #KünstlicheIntelligenz #Stellenabbau #Banken (translated)

SEB's CEO announced that the bank's profit before tax amounted to 9.4 billion kronor, which is 3.2 percent worse than the same period the previous year and 5.3 percent below analysts' expectations, which means they do not meet their annual target. #SEB #Vinst #Ekonomi (translated)

The user sparbuchfeinde wrote that he does not understand the partly negative perception of Markus Krall. In his view, Krall has an extraordinary resume, is analytically strong, and rhetorically convincing. Moreover, he correctly assessed topics like Corona early on and against the mainstream. At the same time, sparbuchfeinde wrote that it does not make sense to consistently align one’s stock portfolio for a crash or to short-sell banks; independent thinking is needed. According to his assessment, investors have nonetheless done well with Krall's recommendations on gold, oil, and defense stocks. #MarkusKrall #Analyse #Finanzen (translated)

Kolja Barghoorn wrote that, in light of the currently high interest rates, the left could next expropriate the banks and grant themselves cheap loans. This way, they would have completely outsmarted the system, he wrote. https://t.co/O1WTBzWZB8 #Enteignung #Berlin #Kredite (translated)