All articles by Satarupa Bhowmik
Satarupa Bhowmik
Wells Fargo reports 5.93% increase in Q1 2025 net income
The bank’s total revenue fell to $20.15bn in Q1 2025, down 3.39% from $20.86bn in Q1 2024.
Kirkland & Ellis leads M&A legal advisers in Q1 2025
Kirkland & Ellis maintained its top position by advising on 108 deals worth $107bn.
Bank of Ireland initiates ATM network upgrade
The programme, running until the end of 2027, is the bank’s largest ATM investment in a decade.
Bank of England warns of increasing risks to financial stability
BoE noted that the UK banking system remains “well capitalised”, supported by “strong” asset quality.
Lloyds Banking Group taps Google Cloud in AI push
The initiative supports the group’s goal of helping individuals and businesses make informed financial choices.
NatWest acquires minority stake in credit card platform Yonder
The tie-up will help NatWest improve its personalisation and loyalty rewards by tapping into millennial and Gen Z preferences.
Ransomware attack on vendor exposes DBS, BOC Singapore customer data
DBS disclosed that the ransomware attack may have affected customer statements and letters of about 8,200 customers.
Capital One’s Discover acquisition gains approval from Justice Department
The department has completed its review and found no reason to block the merger, according to anonymous sources.
Blend Labs, Prove Identity team up to ease digital onboarding for lenders
The partnership integrates Prove Pre-Fill to streamline onboarding for deposit accounts, credit cards, and loans.