All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

OTP Bank targets central Asia for further growth – report

The interest in the region comes after OTP’s acquisition of Ipoteka Bank in Uzbekistan in 2023.  

US Fed moves to drop reputation risk in bank reviews 

Instead, supervisory focus would shift to risks posing a direct threat to a bank’s stability and soundness.

Citi enters $2.5bn deal to sell 24% of Banamex to investors 

The divestiture is part of its planned exit from its Mexican retail banking unit. 

NAB launches integrated banking centre in Chatswood, Australia  

The centre brings together support for everyday banking, private and premier banking, and fraud assistance, among others. 

Starling’s Engine expands into New Zealand with SBS Bank tie-up  

SBS Bank is expected to update its core banking infrastructure using Engine’s cloud-based platform.  

Swedbank faces new AML compliance probe in Sweden 

The probe will assess the lender’s due diligence measures from December 2023 through November 2025. 

JPMorgan admits closing accounts linked to Donald Trump 

The bank’s disclosure was made through a court filing in response to a lawsuit brought by Trump against JPMorgan and its CEO. 

Synechron and Cognition launch AI partnership to support banks

This integration draws on Synechron’s experience supporting major banking clients. 

Plata gains banking licence in Mexico 

The regulatory clearance allows Plata to expand beyond its existing credit card business.  

Citi completes Russian exit by selling unit to Renaissance Capital  

Citi indicated that this divestment is anticipated to add approximately $4bn to its CET1 capital during the first quarter of 2026.