All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Bunq files for banking licence in Mexico
The application would help the neobank expand its presence in the country and provide banking services to residents in Mexico.
JPMorgan nears German retail banking entry – report
Jamie Dimon described plans in 2023 to widen that consumer banking business.
Japan’s Aichi Financial and San ju San agree on merger
The planned business integration is expected to take the form of an absorption-type merger, under which one company will remain.
NatWest selects fintechs for 2026 AI-focused programme
The group includes early-stage firms using AI to address issues in financial services.
Bank of England flags financial disruption from advanced AI – report
Sam Woods said these systems are becoming better at finding weak points, increasing pressure on banks to fix them quickly.
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Malaysia’s Ryt Bank taps Tencent Cloud for conversational banking
Ryt Bank is using Tencent Cloud Chat (IM) as the basis for real-time communication
HSBC reviews $400m fraud-related provision
The provision was connected to the collapse of specialist UK mortgage lender Market Financial Solutions (MFS).
NexTier to acquire Riverside Bank of Dublin
The combined business and all branches will operate under the NexTier Bank name.
Commerzbank to shed 3,000 jobs amid UniCredit bid
The new plan follows UniCredit’s decision earlier this week to formally begin its bid, valuing Commerzbank at €37bn ($43.43bn).
UniCredit to divest part of Russian subsidiary to UAE investor
The agreement speeds up its shift in Russia towards a narrower business model centred mainly on international payments in euros and US dollars.