All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Blackstone affiliate secures nod for stake buy in India’s Federal Bank
The investment, totalling Rs61.9bn ($705m), will be made through Asia II Topco XIII.
Bank ABC moves digital-only unit to Temenos core platform
This represents the first stage in a larger transformation programme involving Temenos technology.
Kotak Mahindra Bank to add 500 engineers amid tech push – report
The lender is looking to hire from large technology firms and other banks to build a “technology company with a banking licence.”
US Fed delays stress test updates until 2027
The Fed set the final scenarios for its 2026 stress tests, to measure how well large banks cope with an economic downturn.
Indian central bank mulls new approach to lender supervision
RBI looks to shift its focus from examining financial ratios in isolation to assessing how banks actually run their businesses.
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Santander seals $12.2bn deal to acquire Webster
Each Webster shareholder will receive $48.75 in cash and 2.0548 Santander shares for each share they hold.
Starling sets sights on US expansion via in-house tech sale – report
Starling is aiming to secure a deal with an American institution within the “$5bn-50bn asset range” by early next year.
India proposes new committee to review financial sector
The committee’s purpose is to undertake examination of the financial sector and prepare it for the country’s next growth phase.
Tarabut acquires Servable to add financial AI capabilities
Servable’s AI functionalities will be directly incorporated into Tarabut’s platform.
Prosperity Bancshares and Stellar Bancorp to merge in $2bn deal
As per the agreement, Prosperity will offer 0.3803 shares of its common stock along with $11.36 in cash for each Stellar share.