All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
Nomura, OpenAI partner on asset management
Nomura will adopt OpenAI Deep Research and use its strategic and technical support for deploying new services for clients.
Italy considers modifying golden powers, plans to retain veto authority- report
The European Commission previously expressed concerns that Italy’s regulations on specific banking sector acquisitions might not align with EU law.
Bandhan Bank’s board approves NPA portfolio sale
The loan portfolios to be sold belong to the bank’s Emerging Entrepreneurs Business.
ČSOB selects Camunda to support core banking transformation
Camunda will simplify ČSOB’s product portfolio, optimise internal workflows, and reduce system complexity.
Seviora and Pavilion to form Asia-based asset management group
This integration is expected to increase Seviora’s assets under management (AUM) to approximately $72bn.
Cetera Financial Specialists adds Callero Capital Management
Callero delivers wealth management and retirement planning services to a client base that includes individuals, families, and business owners.
ECB examines allegations of Deutsche Bank understating balance sheet risks-report
This review is based on claims by a former Deutsche Bank employee regarding the lender’s application of netting practices.
ABN Amro to axe 5,200 jobs by 2028 to reduce costs
ABN Amro has also agreed to sell its personal loan subsidiary Alfam to Rabobank, a Netherlands-based banking and financial services company.
FNZ considers sale of FNZ Bank Deutschland- report
FNZ Bank Deutschland provides platform services, including asset custody, to insurers, lenders, and wealth managers.
SS&C secures approval for new wealth management service in Ireland
The company can now provide a range of wealth management technology and services to financial institutions across the EU.