RBI’s draft rules reopen urban co-operative bank licensing after 22 years, but only societies with ₹10,000 crore in deposits can qualify.
Globeleq says the English High Court has ordered Banco Santander to honour US$90.8 million of on demand bonds backing Mozambique’s Temane power project.
Herald View
Analysis and perspective from the Banking Herald desk: the stories behind the headlines. Read all Herald View →
New research shows how US and EU sanctions sever correspondent banking links, push banks toward the yuan and leave clean payments exposed.
Swift’s blockchain ledger is live and moving real money, but mBridge, Nexus and dollar stablecoins are chasing the same ground. Customers are still waiting for faster, cheaper transfers.
On September 30, Swiss National Bank board member Petra Tschudin told an audience in Zurich that…
InvestGB, the investment arm of Gulf Bank, has gone live on Avaloq’s platform. Wealth management, portfolio…
Appointments
View AllAurionpro appoints Krishnaraja Tantri, who spent nearly two decades at Global Payments, to lead its payments business.
Willis, a WTW business, has named Trevor Madden Head of Captive and Insurance Management…
First Horizon Bank has promoted Catherine Wood to Senior Vice President, Head of Commercial…
Allianz Partners, a world leader in B2B2C insurance and assistance, has appointed Carsten Staat…
Income Insurance Limited has announced the appointment of Lim Sim Seng as Chairman of…
Banking
Ujjivan Small Finance Bank will raise up to ₹409.04 crore via a preferential issue to IFC and three life insurers at ₹64.73 a share, subject to approvals.
Crédit Agricole signs a deal with Lone Star Funds to buy 100% of IKB Deutsche Industriebank, a long-standing lender to Germany’s Mittelstand.
Avaloq has named Nidhi Singh as its new Chief Product and Development Officer and a member of the Group Executive Board, starting…
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Payments & Cards
StraitsX, the MAS-licensed issuer of XSGD and XUSD, has partnered Visa to extend its stablecoin-backed card issuing beyond Asia to more than 100 markets.
Fintech
ASIC has released draft guidance and standards for licensing digital asset platforms and tokenised custody platforms ahead of new laws that start on April 8, 2027.
AI & Technology
View AllThe HKMA’s new ART framework adds AI supervisory guidance, a shared training-data platform and a planned registry of material AI agents, as three banks report sandbox results.
Investing.com’s new AI Investing Index puts California first for AI use among US investors, with New York only 13th.
Bank of America has launched Payments Insights, a new CashPro capability that gives corporate…
HSBC has launched HSBCnio, a digital solution for corporate and institutional clients that combines…
Editor's Picks
Mergers & Acquisitions
View AllRBI has sanctioned the amalgamation of Emirates NBD’s Indian branches with RBL Bank. The three branches become RBL Bank branches on December 1, 2026.
The Government of India has named Fairfax strategic buyer for 60.72% of IDBI Bank at ₹81 a share, about US$5.6 billion, with plans to fold Digit and IIFL Capital into the bank.
FNBO has agreed to acquire Denver-based InBankshares Corp. in a cash deal valued at up to $204 million, expanding its presence across Colorado and northern New Mexico. The acquisition will add nine Colorado branches and four New Mexico locations, strengthening FNBO’s footprint in key Mountain West markets.
InsuranceDekho and RenewBuy are merging to create India’s largest insurance distribution platform, combining a ₹6,600 crore premium book, 600,000+ digital partners and access to 52 insurers across a pan-India network.
Wealth & Investment
View AllSQN Capital Management and Jeremiah Silkowski have settled SEC charges and will exit advisory work, with a receiver set to wind down the firm’s equipment leasing funds.
Standard Chartered has launched the tenth sub-fund on its Variable Capital Company (VCC) platform, with…
SEI, a global provider of financial technology, operations, and asset management services, has opened an…
DBS and Avaloq have signed a memorandum of understanding to expand their 18-year partnership, aiming…
Ebix has launched Ebix Meridian, a new operating platform built for independent U.S. financial advisory…