All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Revolut gains full banking licence in UK
This development means Revolut can now provide both retail and business customers.
Citi, Standard Chartered evacuate Dubai offices amid regional tensions – report
The banks’ actions come after Iran warned it would target US- and Israel-linked regional financial interests.
Monte dei Paschi and Mediobanca approve full merger plan
Mediobanca shareholders would receive 2.45 MPS shares for each Mediobanca share offered.
Raiffeisen close to acquiring Garanti BBVA Romania
The Austrian bank has reportedly proposed a purchase price of about 1.2 times the book value for the unit.
Upstart seeks approval to launch national bank
The company said that the move could lower operational as well as financial costs.
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Finastra integrates FraudAverse AI to support fraud prevention for banks
This collaboration aims to help banks respond quickly to fraudulent activity and adapt to emerging threats.
HSBC CEO confident in Gulf amid Middle East tensions – report
These remarks are among the first made by a global banking executive since the escalation of hostilities in the region.
Lloyds to boost data commercialisation and governance automation- report
The bank, which serves 28 million customers, aims to cut annual IT spending by several hundred million pounds by 2028.
CVC explores investment in Belfius ahead of possible IPO – report
The Belgian government is said to be preparing to offload between 20% and 30% of its holding to support defence funding.
Capital One schedules further layoffs at Discover HQ
The latest filing shows that 1,075 staff will be laid off in May, with a further 81 departures planned for 1 June.