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Deutsche Bank Appoints New Head of Global Corporate Coverage for India and Sri Lanka
Manik Chhabra has been appointed as Deutsche Bank’s Head of Global Corporate Coverage for India and Sri Lanka effective 19 August, 2024.
Manik joins Deutsche Bank from Citibank where he held several leadership roles in corporate banking in a career spanning over 22 years, most recently as India Head for Mid Corporates. Manik is a highly respected senior leader with deep knowledge and experience of the corporate banking sector, bringing a well-established industry network and strong client relationships to Deutsche Bank.
India is a key market for the Deutsche Bank, with continued growth opportunities across its target local and multinational corporate clients. With Manik’s leadership and strong client connectivity, the bank is well positioned to drive accelerated growth in India.
In his new role, Manik will report to Chintan Shah, Head of Corporate Coverage, APAC and Head of Cash Management Sales, APAC functionally and to Kaushik Shaparia, CEO of Emerging Asia and Chief Country Officer of India, locally. He will also join the Deutsche Bank India Branch Management Board.
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The Rise of Private Credit and the Need for Flexible Loan Servicing
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88% of UK Customers Would Switch Banks Due to Financial Crime Failures, ThetaRay Report Finds
ThetaRay, a global leader in AI financial crime compliance, today released The ThetaRay UK Banking & Fintech Trust Report 2026. The findings, launchedon the eve of The Global RegTech Summit, reveal a systemic shift in consumer behavior: 88% of UK customers are prepared to abandon their primary financial institutions over failures in preventing money laundering or terrorist financing.
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Equifax and Mifundo Open Access to Brazilian Credit Data for European Banks
Mifundo, a pan-European credit data platform, has integrated credit data from Equifax BoaVista, subsidiary of Equifax Inc. in Brazil, enabling European banks to access verified Brazilian credit information as part of their credit assessment processes.
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