All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Santander to drop UK’s TSB name after takeover
The Spanish lender intends to operate the enlarged business under the Santander UK name once the integration of the two banks has been completed.
Anthropic targets financial services with new AI agents
The company is launching ten agents designed to automate routine financial tasks, including preparing pitchbooks.
UniCredit presses ahead with Commerzbank stake increase
The proposal, set out as an all-share transaction, would take UniCredit’s direct equity interest to above 30% from 27%.
Banco BPM weighs deal options in home market – report
The bank was considering deals of different sizes involving lenders as well as other businesses that generate fees.
Danish regulator seeks further police investigation into Nordea Finans Danmark
The referral stems from an inspection carried out in June 2023 and relates to a possible breach of the Money Laundering Act.
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Reem Finance becomes Reem Bank in UAE
The digital bank will operate as an open financial platform, using Banking-as-a-Service infrastructure and API-based fintech links.
OCBC to acquire HSBC Indonesia retail and wealth units
OCBC Indonesia expects its assets under management to rise by 25%, while credit card balances are projected to increase by more than 150%.
Kotak Mahindra Bank weighs Deutsche Bank retail unit
The bank’s MD & CEO Ashok Vaswani said the bank would consider acquisitions only if they satisfied three conditions: strategic fit, financial viability and execution.
Santander UK closes £2.65bn purchase of TSB from Sabadell
After the acquisition, Santander UK ranks as the UK’s third largest bank by personal current account balances.
BPCE completes €6.7bn acquisition of Portugal’s novobanco
Novobanco holds a 9% share of the Portuguese banking market overall.