All articles by Satarupa Bhowmik
Satarupa Bhowmik
Citi Handlowy to divest Polish consumer banking arm to VeloBank
The transaction includes transferring employees and branches from the consumer banking unit to VeloBank.
EastWest taps Temenos for core banking revamp
The bank aims to ensure a secure banking experience by integrating Temenos Core across its retail, SME, and corporate divisions.
TD Bank to reduce workforce size by 2% in restructuring
The retrenchment exercise is set to impact around 2,000 employees, according to Reuters.
Emirates NBD turns to Appro to enhance onboarding process
The partnership is said to help cut the application process from hours to just three minutes.
IBM powers technology upgrade for Sri Lanka’s Pan Asia Bank
Pan Asia Bank has implemented a modernised technology framework that includes advanced servers, AI-driven application monitoring.
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Temenos introduces Gen AI tool to accelerate banking product development
The new tool helps banks design, launch, test, and optimize financial products using Generative AI technology.
Bank of England’s PRA raises deposit thresholds for international banks
The PRA has set a new indicative threshold of $401m for total retail and small business instant access deposits.
Revolut to create 200 jobs in France amid $1.12bn expansion
The company will reportedly open a new office in Paris as part of its expansion.
Emirates NBD Bank gets in-principle nod to create Indian subsidiary
The approval allows the bank to transform its current branches into a wholly owned subsidiary.
Capital One closes $35.3bn acquisition of Discover Financial Services
Capital One expanded its board from 12 to 15 members, adding Thomas Maheras, Michael Shepherd, and Jennifer Wong from Discover’s board.