All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
EU proposes sanctions against Russian banks and crypto networks
If adopted, the banks would face the full set of EU sanctions, including asset freezes, travel bans and transaction restrictions.
Titan raises fresh funds to expand banking-native AI platform
The funding will be used to support the next stage of product development and expansion, including recruitment.
UK’s FCA sets out mortgage rule changes aimed at widening access
Among the planned changes are steps to lower obstacles for lenders offering repayment options.
HSBC chief says human judgment will remain central in banking – report
Elhedery said AI could change how lenders deal with customers, bringing productivity improvements and more tailored services.
Türkiye to merge three state-owned banks
President Recep Tayyip Erdoğan named the banks as Ziraat Katılım, Vakıf Katılım and Halk Katılım.
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Intesa counters Banco BPM with €30.6bn offer for Monte dei Paschi
Intesa said that, if completed, the deal would create the euro zone’s second-largest banking group by market value.
Societe Generale sheds managerial posts in restructuring– report
The changes are now taking place within the corporate and investment banking division, including trading and risk functions.
HSBC Swiss unit under probe in Lebanese fund embezzlement case – report
The bank is under investigation over suspected conspiracy to commit offences including misuse of public money.
EU to defer banks’ market risk capital rules by three years
The measures are designed to improve how banks assess trading-related risks.
Deutsche Bank shuns “aggressive” promotions to beat rivals
Notably, the move follows JPMorgan’s May launch of its Chase digital retail bank in Germany.