All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Lloyds to use AI tool in board meetings – report

Board members are using an “board bot” to review sensitive information, prepare for meetings and help identify bias in decisions.

NLB sets out higher bid for Addiko after Raiffeisen offer

NLB plans to combine Addiko’s banking subsidiaries with its own businesses in the five markets where both groups operate.

US, UK regulators meet banks on Anthropic AI cyber risks to financial systems 

The meeting was aimed at ensuring large banks understood possible risks associated with Anthropic’s Mythos model.  

UniCredit says Commerzbank takeover could trigger bid for mBank stake

UniCredit said that crossing 50% of voting rights in Commerzbank would trigger Polish rules requiring an offer for all of mBank.

Indian government begins fresh IDBI Bank valuation – report  

This updated valuation is set to become the reference point for any later stake sale. 

Snappi scales up after Greek launch with Paymentology 

Snappi opened to the public in 2025 as Greece’s first ECB-licensed neobank.  

Commerzbank rebuffs UniCredit offer citing insufficient value upside

The German lender said the unsolicited nature of the approach made it “difficult to build the mutual trust”.

Reserve Bank of India seeks to prioritise risk governance for bank boards

The proposal follows a period of strain at HDFC Bank, where the chair stepped down suddenly, pointing to “ethics” concerns.

UK weighs reviewing banks’ AI models – report

The proposal aims to make sure algorithms developed in the US meet the necessary benchmark.

FUTR, EQI plan digital banking venture

The financial products are expected to sit within a newly formed joint venture company, with FUTR owning 75% and EQITrade 25%.