All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

ECB sets out plan to simplify EU bank rules 

Among the changes proposed by the Governing Council are replacing directives with directly applicable regulations for banking rules.  

BAWAG to buy Irish lender PTSB in €1.62bn deal

The transaction would mark the Irish government’s exit from its last remaining bank stake dating from the financial crisis. 

Palo Alto founder Nir Zuk enters deal to buy Liberty Bank – report 

Zuk has applied for approval to buy the biggest holding in Liberty from private-equity groups Stone Point and Reverence Capital.  

FCA maps out open finance framework 

The model would allow data to be shared securely with a wider group of financial services providers. 

Lloyds to use AI tool in board meetings – report

Board members are using an “board bot” to review sensitive information, prepare for meetings and help identify bias in decisions.

NLB sets out higher bid for Addiko after Raiffeisen offer

NLB plans to combine Addiko’s banking subsidiaries with its own businesses in the five markets where both groups operate.

US, UK regulators meet banks on Anthropic AI cyber risks to financial systems 

The meeting was aimed at ensuring large banks understood possible risks associated with Anthropic’s Mythos model.  

UniCredit says Commerzbank takeover could trigger bid for mBank stake

UniCredit said that crossing 50% of voting rights in Commerzbank would trigger Polish rules requiring an offer for all of mBank.

Indian government begins fresh IDBI Bank valuation – report  

This updated valuation is set to become the reference point for any later stake sale. 

Snappi scales up after Greek launch with Paymentology 

Snappi opened to the public in 2025 as Greece’s first ECB-licensed neobank.