All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
J.C. Flowers buys French banking arm of Monte Paschi
The bank had operated as the French unit of Monte dei Paschi di Siena and is due to adopt a new name.
Absa gets approval to buy Standard Chartered Uganda assets
The sale forms part of Standard Chartered’s broader plan to leave wealth and retail operations in Botswana, Uganda and Zambia.
OpenAI offers UK banks cyber tool access as Anthropic limits Mythos – report
The move comes after several Japanese financial institutions were given access to OpenAI’s GPT-5.5 model for cyber defence.
Revolut plans to add 200 jobs in France
The UK-based fintech is also setting up its western European headquarters in Paris and has applied for a French banking licence.
Yorkshire and Leeds building societies weigh bids for Atom Bank – report
The digital lender, whose shareholders include BBVA of Spain and Toscafund, has hired Jefferies to oversee a sale.
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Japan banks get OpenAI GPT-5.5 access to bolster cyber defences
Finance Minister Katayama said the move was “a big step forward in strengthening Japanese financial institutions’ ability to defend against cyberattacks”.
Fintech firm Saris secures $28.8m in Series A
The proceeds will go towards widening adoption among financial institutions and increasing staffing for training and implementation.
Norway opens inquiry into bank competition
The exercise will examine how rivalry works between banks, with a particular focus on deposit products and home loans.
Fiserv taps Cognition AI for banking systems
The move is aimed at speeding up updates to core platforms to deliver new functions to Fiserv’s financial institution clients.
Westpac fined A$26m over hardship delays
The bank did not respond on time to more than 200 online requests over a period spanning 2017 to 2023.