All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
EU banks stable despite Middle East uncertainties, says EBA
The data shows that EU/EEA banks’ direct financial exposures to Middle Eastern counterparties totalled €132bn by the end of 2025.
India’s HDFC Bank to review chairman exit over ethics concerns
Chakraborty stepped down citing practices within the bank are not in congruence with his personal values and ethics.
Kotak Mahindra nears deal to buy Deutsche Bank’s India retail unit – report
The transaction, valued at approximately Rs 45bn ($480m), could be finalised and made public in the coming week, sources said.
Starling Bank unveils AI-powered banking assistant
The technology draws on eight years of the bank’s AI research and development and builds upon features released last year.
HSBC weighs up to 20,000 job cuts amid AI shift – report
The assessment is at an early stage, and no final decisions have been made, as per sources cited by the news agency.
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Kotak, Federal Bank compete for StanChart India card clients – report
The review is part of the bank’s effort to reduce its exposure to single-product clients.
Treasury Committee seeks answers on Lloyd’s Bank data breach
Dame Meg Hillier described the event as an “alarming breach of confidentiality” and called for “transparency” about the nature and extent of the problem.
OakNorth expands US hiring as Community Unity acquisition nears – report
The transaction, structured as an all-share deal and announced a year ago, is going through regulatory procedures.
BMO to add over 145 branches in California and Arizona
The move follows an announcement made in October 2025 concerning new financial centres in major US markets.
Iute Group starts banking operations in Ukraine
IuteBank will offer a limited range of banking services, including current accounts, deposit products, and instant payments.