All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
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.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
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.