All articles by Kuldeep Jha
Kuldeep Jha
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.
Santander chair Ana Botín criticises UK bank tax policy
Speaking to the Financial Times, Botín said “taxing banks more heavily than other companies makes no economic sense”.
Japanese regional banks scale back in China and turn to Southeast Asia and India
Among regional lenders, Kyoto Financial Group, the parent company of Bank of Kyoto, plans to open a representative office in India.
JPMorgan could spend up to $20bn on acquisition, says Jamie Dimon
Dimon said: “I do think there might be, in the next couple years, a chance to put $10 or $20bn to work buying something.”
Lighter rules help US, UK banks add $1.3tn to balance sheets
In Europe, higher capital requirements for seven of the EU’s biggest banks are set to cut balance sheet capacity by €1.3tn.
Standard Chartered to cut over 15% of roles by 2030 as AI drive expands
Chief executive Bill Winters said the changes would be felt across the bank’s global network, including hubs in Bengaluru, Shenzhen and Warsaw.
Anthropic to share Mythos-linked cyber weakness findings with financial regulator
Bank of England Governor Andrew Bailey requested the briefings, asking Anthropic to present its Claude Mythos Preview capabilities to the FSB.