Ariel Antonio
Telecom giants agree on mega telco merger to create a new...
                Telecommunications giants Axiata Group and Telenor Asia have completed a landmark merger of their Malaysian wireless operations, creating a new tech leader. The combined entity, MergeCo, promises significant synergies, with pre-tax profits of 5.7 billion ringgit and strong financial prospects. Both parent companies will hold equal 33.1% stakes in the newly formed company.            
            
        AI to combat money laundering
                AI is revolutionizing how banks combat financial crimes like money laundering. Advanced computer systems can flag suspicious transactions, helping prevent large-scale illegal transfers and protecting financial institutions from potential monetary losses.            
            
        European Raiffeisen Bank International and Danske Bank investigated for money laundering
                Austrian Raiffeisen Bank and Danish Danske Bank face serious money laundering accusations, with approximately $230 billion potentially involved in illegal financial transactions from former Soviet states through their banking networks.            
            
        
		










