All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Danske admits system upgrade exposed over 20,000 client addresses
The bank became aware of the problem in October, and later checks found that a significant number of clients had been affected.
CTBC Bank USA taps Narmi for digital overhaul
The lender will introduce parts of Narmi’s platform in stages as part of a wider upgrade programme.
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.
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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.