All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
China’s central bank chief pledges further financial market opening
The PBOC will also expand risk management tools intended to support investment and financing, according to the statement.
RBI sanctions amalgamation of Emirates NBD India branches with RBL Bank
From 1 December 2026, all existing Indian branches of the Dubai-based lender will operate as branches of RBL Bank.
US banks limit AI agents’ access to customer accounts – report
Banks fear agents will drain deposits by shifting idle cash to higher returns.
SEB fined $33m by New York regulator over compliance deficiencies
According to the investigation, SEB’s Bank Secrecy Act/Anti-Money Laundering (BSA/AML) programme contained “critical gaps”.
ECB clears UniCredit to exceed 30% equity threshold in Commerzbank
At that stage, UniCredit will hold approximately 50% of Commerzbank’s voting rights, positioning it to take control of the bank.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
UK’s FCA seeks to automate oversight via AI– report
The planned address arrives as supervisory authorities assess both operational applications and institutional risks linked to advanced systems.
Payward secures EU banking passport via Saldo acquisition
Through this deal, Payward intends to advance Payward Banking, which functions as money layer for its infrastructure platform.
Indian government approves Fairfax as buyer for majority IDBI stake
As part of the plan, Fairfax would transfer its entire interests in Go Digit Insurance and IIFL Capital Services to the lender.
Bank of America fined $1.2bn by US for money laundering lapses
The financial giant omitted to submit timely suspicious activity report for more than $5bn in suspicious transactions.
SBS launches sovereign AI platform for core banking with NVIDIA
The model allows banks to run AI within their own controlled environments, including private and managed cloud.