All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Italian PM open to remaining Monte dei Paschi stake sale – report 

Italy reduced its MPS holding from 68%, which acquired during the 2017 rescue, to 4.9%.  

Santander completes stake sale in Polish unit to Austria’s Erste  

The Austrian lender intends to rebrand Santander Bank Polska as Erste Bank Polska during the second quarter of 2026. 

Hang Seng Bank shareholders greenlight buyout plan by HSBC

The proposal, announced in October 2025, places an overall value on Hang Seng Bank of approximately HK$106.1bn (then $13.63bn).

Volante introduces low-code tool for managing bank payment workflows

The company said the tool sits within Volante’s cloud-native Payments Platform and provides pre-built functions. 

Zilch to acquire Lithuania’s Fjord Bank for expansion in Europe 

With this deal, Zilch will obtain a European banking licence, allowing it to broaden its reach within the European market.  

Bunq submits application for US banking licence 

According to Bunq, prospective users in the US will have the option to open both US and European checking accounts if eligible. 

Iute Group to enter Ukraine with bridge bank banking licence 

The acquisition will be financed using existing liquidity within Iute Group. 

Shareholders approve $7.4bn Huntington-Cadence merger 

The deal, valued at $7.4bn, is expected to be finalised on 1 February 2026.  

PNC completes $4.1bn purchase of FirstBank  

The acquisition is said to extend PNC’s footprint in Colorado as well as Arizona. 

IBM powers digital upgrade for Egypt’s Bank NXT 

The move is intended to lower operational costs as well as improve resource management.