All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Anthropic joins UK FCA’s AI Sandbox testing programme
Participants will be given access to Claude, as well as Claude Code and Claude Cowork, to support their development activity.
Bank of Maldives taps Finastra to upgrade core systems
According to the tech vendor, its platform will help BML simplify processes and enable straight-through processing.
Nubank pursues Brazilian banking licence with Banco Porto Real deal
Post acquisition, Banco Porto Real’s banking licence will be incorporated alongside the licences Nubank already holds.
Isracard abandons Esh Bank acquisition plan
The MoU signed with Esh had lapsed without a final deal being concluded and would not be renewed.
Germany prepares terms for Commerzbank bid talks – report
The Italian bank wants direct contact with German government and is ready to offer concessions and respond to Berlin’s concerns.
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Monte dei Paschi deem Intesa offer below average level
The lender said the offer appears below the average level of premia for similar Italian banking transactions.
Palo Alto’s Nir Zuk among investors in Liberty Bank parent company
As part of the deal, Daniel Cohen has been appointed chairman of the board at both Liberty Bank and DMG Bancshares.
Italy moves to shed domestic bank holdings – report
Giorgetti said last month that an accelerated bookbuilding procedure would be “one of the best solutions” for lowering the state’s stake in MPS.
UK sets out AI adoption plan for financial services – Industry reaction
On regulation, the paper calls for closer coordination between authorities so firms can better understand what is expected of them.
First Bancorp to buy First Carolina Bancshares in $166m deal
Payment to First Carolina shareholders will comprise around 1.96 million First Bancorp common shares and $40m in cash.