All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
EU to defer banks’ market risk capital rules by three years
The measures are designed to improve how banks assess trading-related risks.
Deutsche Bank shuns “aggressive” promotions to beat rivals
Notably, the move follows JPMorgan’s May launch of its Chase digital retail bank in Germany.
Freedom pursues French banking licence amid US SEC scrutiny
If cleared, the application would make Freedom the first formerly Russian firm to enter EU banking market since Ukraine invasion.
UniCredit stake in Commerzbank reaches 34.4%
The offer remains open until June 16 and is currently below the market price.
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.
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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.
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”.