All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

JPMorgan Chase to add 160 new branches this year

The expansion is expected to extend services to new areas, including low-to-moderate income and rural communities.

Monte dei Paschi board greenlights Mediobanca merger and delisting plan

BMPS acquired an over 86% stake in Mediobanca in September last year.

Bank of Beirut UK transitions to Temenos core banking

Bank of Beirut UK is now positioned to provide a complete range of retail, commercial, and deposit products.

Lloyds to review staff bank data use in pay discussions 

Chief executive Charlie Nunn told employees about the move at a recent internal meeting.  

Backbase and Plaid partner to streamline bank data integration

The collaboration will see Plaid’s real-time data connectivity incorporated into Backbase’s platform.

Acrevis Bank to absorb Regiobank Männedorf in planned merger

After the merger, RBM will be integrated as a branch under the new name “acrevis Bank Männedorf.”

Philippines-based digital bank Maya seeks up to $1bn in US IPO – report

Advisers are said to be working with Maya towards a possible listing as soon as this year.

RBI approves ICICI Group stake hike in eight banks 

The approval covers Bandhan Bank, City Union Bank, Equitas Small Finance Bank, Federal Bank, IDFC First Bank, HDFC Bank, Karur Vysya Bank and RBL Bank.  

US Fed to drop some confidential bank warnings in oversight shift 

Fed supervision staff informed banks that examiners would start reviewing outstanding private directives.  

UK regulator brings BNPL services under full consumer credit regulation

With the change, BNPL agreements will fall within the scope of the Consumer Duty.