All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

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. 

Knight FinTech raises $23.6m in Accel-led Series A round

The funding will be used to enhance fraud detection, early warning systems, portfolio analytics and debt recovery capabilities.

WTW to acquire insurance broker Newfront for $1.3bn 

The deal aims to strengthen WTW’s position in the US middle market. 

Danish FSA approves Sydbank’s acquisition of Arbejdernes Landsbank, Vestjysk Bank

The merged entity will operate as AL Sydbank A/S, headquartered in Aabenraa, Denmark where Sydbank is based.

WTW in discussions to purchase Cushon from NatWest

The acquisition talks have progressed following an auction process that attracted interest from several companies in the sector. 

Mediobanca takeover investigation: Monte Paschi CEO and shareholders under scrutiny

The €13.5bn takeover of Mediobanca was launched in January and completed in September.

EU issues warning to Italy over its ‘golden powers’ in banking sector

The EU warning comes as Brussels seeks to prevent member states from obstructing consolidation in the banking sector.

SBS launches new version of open banking platform in Europe

This upgraded, cloud-native SaaS platform enables banks to accelerate digital transformation while ensuring compliance with evolving regulatory frameworks.