All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Lloyds to hire around 300 for agentic AI roles
The UK-based lender expects to create more than 1,000 roles in 2026 as part of a broader expansion of its AI work.
Pollen Street to buy Finastra’s core banking software unit
The unit supplies software used for account and deposit administration, payments, lending and treasury functions at banks.
UniCredit lifts Commerzbank holding to 42.5%
The bid will be reopened for Commerzbank investors from 20 June until 3 July, according to UniCredit.
EU mulls easier cross-border fund movement for banks – report
The document points to possible capital relief for mortgage lending and for loans to companies that do not have credit ratings.
Wall Street banks seek easing of proposed capital rules
They are seeking lower trading capital requirements, and changes to reduce the impact of the surcharge on global banks.
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HSBC Australia fined over scam failings
The court said HSBC had scam controls on some payment systems, but not on the IAT payment rail, where most losses happened.
Europe’s antitrust chief urges EU to support cross-border bank mergers
Ribera remarks came a day after Germany turned down Italian bank UniCredit’s offer for shares in Germany’s Commerzbank.
HSBC signs AI deal with Google Cloud
The arrangement is intended to speed up the use of AI-based working methods in its banking operations.
Revolut expands in Middle East with UAE licences
With the licensing process concluded, Revolut is now preparing its local product range for a wider launch.
Spain opens antitrust proceedings against six banks over mortgages
The CNMC is looking into whether some executives publicly outlined their banks’ future commercial policies, especially on fixed-rate mortgage pricing.