Political commentator, Solomon Owusu Political commentator, Solomon Owusu, has tongue-lashed the Minority in Parliament for speaking on the termination of contracts of about 100 employees at the Bank of Ghana. According to him, the NPP government undertook a banking sector clean-up exercise in 2017 which led to several job loses. Citing Nduom’s Bank as an
ASHBURN, Va., June 24, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, and Thought Machine, a leading provider of cloud-native banking technology, today announced a joint solution to accelerate digital transformation for small and midsize banks. The collaboration combines DXC’s deep industry expertise and full-service management with Thought
PETALING JAYA: Amid macroeconomic uncertainties, the earnings outlook for the banking sector remains resilient this year. TA Research, in a report, said the domestic banking sector’s earnings are constructive. The sector’s earnings are projected to expand by 4.6% to RM37.3bil, underpinned by sound fundamentals and continued operational resilience, it noted. The research house said loan
Dive Brief: Susan Zaunbrecher, Fifth Third’s head of legal, government, and regulatory affairs, will retire, the bank said Wednesday, as it announced several other executive changes. Christian Gonzalez will join the lender as executive vice president and chief legal officer, effective July 7. Kevin Lavender, head of Fifth Third’s commercial bank, will become its vice
The United States has issued a new warning to Mexico over money laundering tied to drug trafficking. This time, the focus is on two banks— CIBanco and Intercam — and the brokerage firm Vector. They are accused of being involved for years in laundering money for criminal organizations and facilitating payments in Asia for the
Banking and tech experts gath- ered at the ENGAGE Dubai event to explore how banks can apply Artificial Intelligence (AI) to take banking to the next generation in terms of modernisation, cus-tomer experiences and inclusivity. Banks around the world are actively leveraging AI to enhance customer-facing chatbots, prevent fraud, and streamline processes like regulatory reporting
Mahindra Manulife Mutual Fund has launched the Mahindra Manulife Banking and Financial Services Fund, an open-ended equity scheme that will invest in companies operating in the banking and financial services sector. The New Fund Offer (NFO) will open on June 27 and close on July 11. The scheme will reopen for continuous sale and repurchase
The scrip opened firm and quickly gained ground, touching an intraday high of ₹1,996.90 by 10:48 am, before showing some consolidation. The bank’s market capitalisation also saw a healthy rise as investors reacted positively to recent developments. A key driver behind the stock’s rise is the initial public offering of HDB Financial Services, a non-banking
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The author is Professor of Sustainable Finance at Vlerick Business School in Brussels Sergio Ermotti, chief executive of UBS, is facing a dilemma as he considers his bank’s future in a network created to drive
In April, the government issued a decree regulating the controlled pilot mechanism in the banking sector. The move comes as fintech development trends are set to intensify. Hoang Viet Tien, deputy secretary general, Vietnam Digital Communication Association It is expected to be an important step in shaping a suitable legal framework for the development of