All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Lloyds, Broadcom extend technology agreement to aid transformation
Lloyds plans to use VMware Cloud Foundation to assist with consolidating its data centres.
SMBC to purchase additional 4.2% stake in India’s YES Bank
The acquisition of the additional stake will raise SMBC’s ownership in YES Bank to 24.2%.
Mashreq’s digital retail bank in Pakistan makes commercial launch
It is the first time that Mashreq’s digital banking platform has been deployed outside the UAE.
JPMorganChase and Plaid renew data sharing agreement
The collaboration between the two firms includes a pricing structure for data access.
National Bank Holdings agrees to buy Vista Bancshares in $369m deal
The combined entity is projected to have approximately $12.4bn in pro forma assets and $10.4bn in pro forma deposits.
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Israel’s esh Bank to implement revenue sharing model with depositors
The bank’s equal sharing model will allocate 50% of the interest revenues generated from customer deposits back to their accounts on a weekly basis.
ANZ penalised for regulatory breaches in bond and retail banking operations
ANZ launched an ASIC Matters Resolution Program within its Australia Retail division, aimed at improving governance and oversight in various areas.
Shenyang Shengjing Financial raises privatisation bid for Shengjing Bank
The revised offer comes after Shenyang Shengjing Financial previous bid valued the regional lender at HK$11.61bn ($1.49bn).
Spain’s Sabadell urges shareholders to reject BBVA’s exchange offer
The board firmly believes that the offer “significantly undervalues the bank, its strategic plan and its future prospects.”
DIFC Courts opens Mediation Service Centre and notary service
The Mediation Service Centre provides dispute resolution with assistance from registered mediators, while Notary Service attests legal documents in English.