All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Asian watchdogs heighten alert over Mythos AI risks – report
Regulators are in contact with financial companies about how they are dealing with cyber risks connected to Mythos.
Vietnam’s SHB collaborates with Huawei for digital banking
The tie-up with Huawei forms part of its longer-term plan to use technology.
OCBC leads race for HSBC Indonesia retail unit – report
The bank is seeking to strike a deal that may value HSBC’s consumer banking business in Indonesia at more than Rp6tn ($350m).
BasisBank buys 95.99% of Liberty Bank
Liberty Bank serves more than 1.7 million retail customers and over 60,000 small and medium-sized businesses.
Danske admits system upgrade exposed over 20,000 client addresses
The bank became aware of the problem in October, and later checks found that a significant number of clients had been affected.
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CTBC Bank USA taps Narmi for digital overhaul
The lender will introduce parts of Narmi’s platform in stages as part of a wider upgrade programme.
ECB sets out plan to simplify EU bank rules
Among the changes proposed by the Governing Council are replacing directives with directly applicable regulations for banking rules.
BAWAG to buy Irish lender PTSB in €1.62bn deal
The transaction would mark the Irish government’s exit from its last remaining bank stake dating from the financial crisis.
Palo Alto founder Nir Zuk enters deal to buy Liberty Bank – report
Zuk has applied for approval to buy the biggest holding in Liberty from private-equity groups Stone Point and Reverence Capital.
FCA maps out open finance framework
The model would allow data to be shared securely with a wider group of financial services providers.