Bausch + Lomb CEO Brent Saunders Steps Down; Chairman Thomas Appio Named Interim Chief
Bausch + Lomb has announced the departure of Chief Executive Officer (CEO) Brent Saunders by mutual agreement with its Board.
US Banking Regulator Flags Unfair Customer Restrictions at Major Banks
The US Office of the Comptroller of the Currency (OCC) has found that nine of the country’s largest banks-maintained policies that could restrict access to financial services based on political, religious or other subjective considerations rather than objective financial risks.
Bank of America Fined USD 1.21 Billion Over Anti-Money Laundering Failures
Bank of America has been fined USD1.21 billion by US regulators for failing to detect and report more than USD 5 billion in suspicious transactions, including activity linked to national security and other illicit finance risks.
UK Regulator Moves to Tighten Oversight of Microsoft’s Business Software
The UK’s Competition and Markets Authority (CMA) has proposed designating Microsoft as having “strategic market status” in business software, potentially paving the way for stricter rules on how the company bundles products such as Excel, Teams and its Copilot AI assistant.
FSB Calls for Stronger Human Oversight of Agentic AI in Finance
The Financial Stability Board (FSB), a global body that monitors the financial system and develops regulatory recommendations, has called for stronger human oversight of agentic artificial intelligence (AI) in banks and other financial institutions.
JPMorgan Hires Bank of America’s Richard Peacock to Lead Consumer and Retail M&A
JPMorgan Chase is set to appoint Richard Peacock, a senior mergers and acquisitions (M&A) banker from Bank of America, as its Global Head of Consumer and Retail M&A early next year.
IIFL Finance Re-appoints R. Venkataraman As Non-Executive Non-Independent Director
IIFL Finance Ltd. re-appoints R. Venkataraman as Non-Executive Non-Independent Director of the Company, with effect from October 15, 2026.
Surojit Chatterjee Resigns As A Non-Executive Independent Director Of Meesho
Surojit Chatterjee has tendered his resignation as a Non-Executive Independent Director of Meesho Ltd., with effect from October 16, 2026, due to personal commitments.
Tata Communications Appoints Ridhi Sood As Company Secretary & Compliance Officer
Tata Communications Ltd. appoints Ridhi Sood as Company Secretary and Compliance Officer, and a Key Managerial Personnel, with effect from November 1, 2026.
Datamatics Global Appoints Rajesh Gharpure As Chief Operating Officer (COO)
Datamatics Global Services Ltd. appoints Rajesh Gharpure as Chief Operating Officer of the Company, categorised as Senior Management Personnel, with effect from October 15, 2026.
