All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Banco BPM abandons Monte dei Paschi pursuit after Crédit Agricole objection
The French bank preferred combining Banco BPM with its own Italian operations over merging the two Italian lenders.
HSBC to offload Egypt retail banking unit to Emirates NBD
The deal includes assets and liabilities tied to the acquired business covering retail loans, customer deposits and accounts.
Lloyds targets £2bn in cost cuts by 2030
The programme, titled Accelerate 2030, is built on growing its business, innovating its offerings and simplifying operations.
HSBC to sell Australian loan book to Blackstone
Pepper Money will act as the loan management partner for the portfolio.
Bafin to begin AI oversight at German banks
Under the new rules, Bafin can impose fines as part of efforts to safeguard fundamental rights.
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Former Stripe executive takes full control of Washington bank
After buying voting shares in Twin City Bank last year, Buckley has now completed a full takeover of the lender.
Sabadell to expand AI focus, centralise key functions in restructure
A central element of the overhaul is a new corporate transformation & artificial intelligence unit within the strategy division.
HSBC to set up global AI excellence centre in Singapore
The centre aims to create a talent pipeline in natural language processing, data science, AI governance and human-centred design.
India’s Bank of Baroda faces alleged 1TB data leak on dark web
The material is said to contain customer and corporate banking information, including Aadhaar numbers, names and loan records.
Blackstone credit arm nears deal for HSBC’s Australian loan book – report
HSBC is carrying out a broad global reorganisation under chief executive Georges Elhedery, who took the role last September.