All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Qatar’s Estithmar Holding moves toward major stakes in Syrian banks
These deals would represent the first foreign investment in Syria’s banking sector since the regime change that ousted Bashar al-Assad.
Japan’s SMBC granted preliminary approval for Indian subsidiary
The Japanese bank currently maintains branches in New Delhi, Mumbai, Chennai, and Bengaluru, as well as an office at the Gujarat.
Revolut rolls out in-app alert to tackle impersonation fraud
The feature works by detecting when a user opens the Revolut app while engaged in a phone call.
Greece’s Epirus Bank taps NCR Atleos for ATM network upgrade
The move will see NCR Atleos oversee the renewal of Epirus Bank’s ATM network, using its ATMaaS model and Cashzone network.
Citigroup to lay off 1,000 employees as part of restructuring – report
This development is part of a previously announced initiative aimed at cutting around 20,000 jobs by the end of this year.
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Crédit Agricole gets ECB clearance to raise Banco BPM stake above 20%
Plans are on for the derivatives to be settled physically, which will bring Crédit Agricole’s total stake in Banco BPM to 20.1%.
Kotak, Federal Bank lead bids for Deutsche Bank’s India retail portfolio – report
The assets on offer are understood to have a book size of at least $2.5bn.
Italian PM open to remaining Monte dei Paschi stake sale – report
Italy reduced its MPS holding from 68%, which acquired during the 2017 rescue, to 4.9%.
Santander completes stake sale in Polish unit to Austria’s Erste
The Austrian lender intends to rebrand Santander Bank Polska as Erste Bank Polska during the second quarter of 2026.
Hang Seng Bank shareholders greenlight buyout plan by HSBC
The proposal, announced in October 2025, places an overall value on Hang Seng Bank of approximately HK$106.1bn (then $13.63bn).