All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
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.
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.
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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.
India to start shared KYC platform for financial institutions – report
To access those verified records, financial institutions will have to obtain customer approval through a one-time password.
EU approves new Russia sanctions package targeting banks and crypto networks
The package covers 218 new listings, made up of 170 entities and 48 individuals.
Santander UK halts branch cuts until 2028
The lender’s chief executive, Mahesh Aditya, said branches remain an “important part of our strategy” as he set out the plan.