All articles by Shivam Mishra

Shivam Mishra

UniCredit’s Commerzbank takeover unlikely, says German bank CEO 

Speaking at a banking conference, Bettina Orlopp also affirmed that the ultimate decision will be left to the shareholders. 

Lloyds staff performance overhaul may lead to job cuts 

The initiative involves assessing the performance of its 63,000-strong workforce, with the lowest 5% facing possible dismissal. 

DBS Group’s acquisition plans for Alliance Bank Malaysia face delays 

Acquiring a stake in Alliance Bank would expand DBS’s presence in Malaysia, a market where other Singaporean banks are already established.

Monte dei Paschi strengthens Mediobanca offer with cash incentive 

The cash component in the revised offer represents a financial commitment of approximately €750m from BMPS. 

Atlas Consolidated secures funding to expand banking-as-a-service platform 

HugoHub, developed by Atlas Consolidated, is designed for financial institutions to upgrade their legacy systems.  

Zopa initiates campaign to reskill 100,000 UK banking workers in AI 

Zopa said every one of its employees now has access to GenAI tools, such as ChatGPT, coupled with OpenAI-led training. 

Neobank bunq fined for AML control failures

The examination by DNB found that bunq had not complied with The Anti-Money Laundering and Anti-Terrorist Financing Act.

UniCredit increases Commerzbank stake to 26% 

The Italian bank reiterated its plans to convert the remaining synthetic positions, ultimately increasing its total equity voting stake to about 29%.  

RUUT to enter UK digital banking market via Algbra-Moka partnership 

Moka United will introduce RUUT with the support of Algbra Labs, which will power the digital banking brand through its fintech-as-a-service platform.  

Addiko Bank ventures into Romania’s digital banking sector 

Addiko Bank aims to stand out by providing a completely digital service that addresses financial needs of customers.