All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
ING scraps Russian business sale
The bank ended the agreement after concluding there was no credible prospect of the purchaser securing the required clearances.
Barclays plans branch expansion in high street revival – report
Since 2019, the lender has closed almost 80% of its branches as it pursued a stronger shift to digital banking.
HSBC revives Australia retail exit plan – report
Blackstone is among the parties paying close attention to the opportunity.
OceanFirst-Flushing merger deal gains shareholder nod
The transaction is pending approval from the Board of Governors of the Federal Reserve System.
Reserve Bank of India clears Emirates NBD’s stake purchase in RBL Bank
RBL would be treated as a foreign bank operating through a subsidiary structure, with Emirates NBD as the overseas parent.
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Italy fines Revolut over consumer code breaches
The regulator found the fintech’s approach to suspending, limiting or blocking payment accounts to be “aggressive”.
Moniepoint buys Kenya’s Sumac Microfinance Bank
The deal marks the company’s first significant purchase in Africa and its formal entry into the East African region.
NatWest and Sainsbury’s partner to launch new finance products
The move comes after NatWest’s 2025 purchase of Sainsbury’s Bank’s personal loan, credit card and retail deposit books.
Monzo pulls plug on US operations
The digital bank will cease accepting new American customers and cut approximately 50 roles.
Fidelity BancShares to acquire Affinity for $142.8m
This move will see Fidelity establish its presence in Georgia for the first time.