All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Philippine’s PNB announces reorganisation to streamline operations
The bank has disclosed its plans to close the PNB Bahrain representative office and restructure internal sectors.
UniCredit open to add Germans on board for Commerzbank deal
This proposal aims to align with the potential German contribution to the financial group’s balance sheet.
HDFC Bank’s DIFC branch restricted from onboarding new clients
Dubai Financial Services Authority raised concerns regarding the branch’s practices in offering financial services to customers.
Spanish regulator authorises BBVA’s increased offer for Banco Sabadell
The window for Banco Sabadell shareholders to tender their shares began on 25 September and will extend until 10 October 2025.
Citi to divest 25% stake in Banamex to Chico Pardo for $2.3bn
This move is part of Citi’s strategy to divest its international consumer businesses and concentrate on its primary interconnected businesses.
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HSBC to sell Sri Lanka retail arm to Nations Trust Bank
The deal includes the bank’s retail deposit accounts, credit card portfolios and consumer loans.
Revolut to invest $13bn for global expansion
The fintech company has opened new global headquarters in the UK and committed to invest £3bn in the country.
Westpac to cut 200 teller roles as customers shift to digital channels – report
The bank attributed the change to growing customer use of its mobile app, online banking and ATMs.
Monte dei Paschi di Siena secures 86.3% of stake in Mediobanca
The transaction will be finalised on 29 September 2025, when the payment for the shares will be made.
Paga rolls out US‑based digital bank accounts for African diaspora
The initial deployment is aimed at Nigerians in the US and is presented as the opening phase of a wider international expansion.