All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Europe’s antitrust chief urges EU to support cross-border bank mergers
Ribera remarks came a day after Germany turned down Italian bank UniCredit’s offer for shares in Germany’s Commerzbank.
HSBC signs AI deal with Google Cloud
The arrangement is intended to speed up the use of AI-based working methods in its banking operations.
Revolut expands in Middle East with UAE licences
With the licensing process concluded, Revolut is now preparing its local product range for a wider launch.
Spain opens antitrust proceedings against six banks over mortgages
The CNMC is looking into whether some executives publicly outlined their banks’ future commercial policies, especially on fixed-rate mortgage pricing.
EBA sets out plans to simplify EU bank capital framework
The publication is part of the authority’s broader simplification and efficiency work.
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Germany rejects UniCredit’s share exchange offer for Commerzbank
Officials also reiterated support for Commerzbank remaining a standalone institution and criticised UniCredit’s approach.
eToro weighs acquisitions and banking licence – report
The Nasdaq-listed group is working with investment bankers on two transactions expected “soon”, chief executive Assia said.
JPMorgan targets five EU markets by 2030 in digital bank expansion – report
France, Spain and Italy are among the countries under consideration, according to the sources cited by the publication.
Scotia Group Jamaica set to go private
The move is intended to improve capital use, operating efficiency and Scotiabank’s ability to respond to market opportunities.
Four Iranian banks hit by cyber disruption – report
Iran’s Banks Coordination Council said there had been no “illegal access” to customer data linked to the incident.