All articles by Kuldeep Jha
Kuldeep Jha
ING posts €1.85bn profit and announces separate 400 job cuts
Alongside the restructuring, the bank also launched a €1.65bn share buyback.
Vietnam sets 65% state ownership floor for key banks by 2030
The plan covers 21 state-owned and state-backed enterprises and aims to keep state control over strategic sectors.
South Africa to open payments system to non-banks from 2027
Non-bank firms will no longer need to use banks as intermediaries to access the system that clears and settles transactions nationally.
OCC releases debanking review of nine largest US banks
The agency found “broad reputation risk” policies that lacked specified standards and objective, risk-based criteria.
ECB’s Rehn says rate path remains data dependent as energy drives inflation volatility
Speaking at an OMFIF event in London, Bank of Finland Governor said wage growth had eased, while broader evidence of inflation persistence remained limited.
Jamie Dimon personally contacts US CEOs as companies speed up AI adoption
The effort is tied to an expansion of the Alliance for Critical Infrastructure (ACI), a group JPMorgan helped establish.
Paytm Payments Bank set for winding up after RBI licence revocation
Paytm Payments Bank, an associate of fintech company Paytm, had faced repeated regulatory action over the past few years.
MAS, ABS launch finance sector taskforce to tackle AI-driven cyber risks
The taskforce brings together expertise from cybersecurity, technology resilience and AI to improve preparedness across the industry.
HSBC opens review of Turkish retail and business banking operations
The assessment does not cover wholesale banking operations, including investment banking.
Bank of England to relax leverage rules for UK banks
The central bank said the change would lower the overall ratio by about 0.2 percentage points of UK banks’ assets.