All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

JPMorgan and Citigroup consider fixed pay cuts for senior UK executives 

This follows the recent modifications to local remuneration regulations. 

Brazil’s PicPay sets sights on $2.5bn valuation for Nasdaq listing 

PicPay plans to list its shares on the Nasdaq Global Select Market under the ticker symbol ”PICS”.  

Backbase to power Albanian digital-only lender Jet Bank 

The collaboration is intended to provide Jet Bank with a single platform for managing its customer interactions and digital services. 

Revolut applies for banking licence in Peru 

Julien Labrot has been appointed as CEO of Revolut Peru and will oversee the company’s launch within the Peruvian market.

Standard Chartered weighs future of credit card business in India – report 

The bank has begun initial conversations with stakeholders and may reach a decision on the matter within this year.  

Delfin rejects reports of UniCredit talks over Monte Paschi stake 

Media reports have recently speculated about interactions between Delfin and UniCredit concerning Delfin’s stake in Monte Paschi. 

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.