June 7, 2025

Banking

Banking

Goldman Sachs to merge all Asia-Pacific investment banking businesses

Goldman Sachs plans to merge its investment banking businesses across the Asia-Pacific region to provide clients with more integrated advice and capital markets execution, according to a memo seen by the Post on Thursday. The US firm was combining its teams in Japan, Australia and New Zealand, and Asia excluding Japan to form a unified

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Banking

Deloitte’s Global Digital Banking Maturity survey captures India’s banking revolution

India’s digital banking revolution is no longer an aspiration; it’s a reality that’s gaining prominence on the global stage. In the sixth edition of Deloitte’s well-regarded Global Digital Banking Maturity (DBM) survey, India has made its mark with nine Indian banks ranking among the world’s top 40 ‘Digital Champions’. The 2025 edition of the survey,

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Banking

Temenos sets new benchmark for scalability of AI-powered banking with Microsoft

Performance benchmark demonstrates the speed, efficiency and scalability of Temenos’ cloud-native banking solutions for modern AI-powered banking MADRID, Spain, May 22, 2025 (GLOBE NEWSWIRE) — – Temenos (SIX: TEMN), a global leader in banking technology, today announced the results of a highwater benchmark for its cloud-native core banking solutions running on Microsoft Azure. The results

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Banking

tax cuts and reduced revenues mean the government is banking on business growth

Not a lot is known about the government’s plans for taxes in the 2025 budget. Few tax policies have been announced so far, and what has been revealed involves targeted tax cuts for business interests. This is a big change from last year’s tax announcements, which were largely focused on individuals. So far this year,

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Banking

9 Analysts Assess Columbia Banking System: What You Need To Know – Columbia Banking System (NASDAQ:COLB)

During the last three months, 9 analysts shared their evaluations of Columbia Banking System COLB, revealing diverse outlooks from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish

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Banking

Citizens brings commercial customers into open banking API

If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so. Citizens Bank is removing this pain point for its commercial customers by including them in the bank’s recently-launched open banking software. The trend

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Banking

LIV Golf star quits US Open qualifying after just 15 holes | Golf | Sport

Talor Gooch is the highest earner in LIV Golf and one of the most vocal players on the breakaway tour regarding access to major championships. However, he altered his strategy on Monday with an unsuccessful attempt to qualify for the US Open and quit after just 15 holes. The Oklahoma-born golfer joined the LIV circuit

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Banking

Scottie Scheffler’s unusual arrangement with caddie after banking £2.5m | Golf | Sport

Scottie Scheffler, who once referred to himself as ‘a child’ when it comes to money, has an assistant to manage his finances, including paying caddie Ted Scott. His arrangement with Scott will see his right-hand man benefit from the £2.5million ($3.4m) prize that Scheffler recently claimed after a stunning victory at the PGA Championship. Scheffler

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Banking

Bank of Sydney subscribes to Infosys Finacle Digital Banking Suite on AWS Cloud

MELBOURNE, Australia, May 21, 2025 /PRNewswire/ — Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), and Bank of Sydney (BoS), today announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to

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Banking

Infosys to transform Bank of Sydney’s services with its Finacle digital banking suite on AWS cloud

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Bank of Sydney (BoS) on Wednesday (May 21) announced its decision to adopt the Infosys Finacle digital banking suite to support digital transformation. Infosys said in a filing to the stock exchanges on Wednesday that the deployment will be carried out in a

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