Ukraine requests US to sanction all Russian private banks
Ukraine has reportedly requested the US to impose sanctions on all Russian private banks in a bid to restrict Moscow’s ability to continue the ongoing conflict.…
Aninda Chakraborty
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India’s HDFC Bank unveils plan to double branch network
HDFC Bank, a leading private sector bank in India, has unveiled an ambitious plan to double its branch network…
Neobank StashFin secures $270m to expand footprint
Singapore-based neobank Stashfin has secured $270m, through equity funding and debt, to support its expansion plans. The company has…
First Bancorp to acquire GrandSouth for $181.1m
First Bancorp has signed a definitive merger agreement to acquire South Carolina-based bank holding company GrandSouth Bancorporation. The all-stock…
Jyske Bank agrees to acquire Handelsbanken’s Danish operations
Danish lender Jyske Bank has signed a binding agreement to acquire Swedish bank Svenska Handelsbanken’s operations in Denmark. The…
Sweden grants deposit licence to TFB Service
The Swedish Financial Supervisory Authority (FI) has granted a key licence to TF Bank’s Swedish subsidiary TFB Service. The…
DBS Bank India buys stake in NBFC Svakarma Finance
DBS Bank India has bought a 9.9% stake in a local non-banking finance company called Svakarma Finance in a…
HSBC Oman to hold talks for potential merger with local rival
HSBC Bank Oman is set to hold initial talks with local rival Sohar International Bank to discuss a potential…
Japan and Indonesia agree on fintech cooperation framework
Japan and Indonesia have agreed to collaborate to support innovation in the financial sector. The regulatory agencies of the…