All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Santander completes $12.2bn purchase of US bank Webster
The merged banking group has a pro forma balance sheet of roughly $327bn in assets, $185bn in loans and $172bn in deposits.
Revolut applies for Finnish banking licence to support European expansion
If approved, the step would allow its 250,000 customers in Finland to use IBANs and access services including paying domestic bills and receiving wages.
Standard Chartered, HSBC transfer tokenised deposits on Swift blockchain
The banks said the move showed that tokenised deposits can work between regulated institutions in a live banking transaction.
AUSTRAC operation finds suspected mortgage fraud across Australian banks
The operation identified potentially hundreds of millions of dollars in suspected fraudulent loans. Most were linked to properties in Sydney.
Personetics integrates Plaid open banking data
With the integration, the companies aim to turn scattered financial data into actionable insights and better engage customers.
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JPMorgan chief cautions UK chancellor against tougher bank taxes – report
Dimon pointed to a notable fall in finance jobs in New York, which he said was partly linked to the city’s tax burden.
HomeTrust to purchase Blue Ridge Bankshares in all-stock deal
The merger would form a commercial bank with more than $7bn in assets and over 60 branches and offices across the Southeast.
India to announce banking reforms committee soon, says finance minister
The finance minister said the department of financial services (DFS) had prepared thematic papers on seven subjects.
Trump-linked crypto venture gets preliminary nod for bank charter
If it opens, WLTC will function as a federally supervised national trust bank.
Citi seals deal to buy reward platform Kard Financial
Kard links merchants and financial institutions through verified transaction data and merchant-funded rewards.