All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Mubadala in talks to buy $100m stake in Revolut – report
Revolut existing shareholders include SoftBank, Coatue, and D1 Capital Partners.
UK regulator fines Monzo for financial crime lapses
The bank failed to maintain adequate anti-financial crime systems and controls from October 2018 to August 2020.
Nigerian financial group Guaranty Trust targets London listing
The net proceeds from the London listing will primarily support GTBank Nigeria’s recapitalisation.
Zopa Bank expands to Manchester
The company aims to enhance its UK footprint and invest in talent and innovation.
Italy’s BPER raises offer for Popolare di Sondrio to €5.4bn
The updated offer comprises 1.450 newly issued BPER shares and an additional cash payment of €1 per Popolare di Sondrio share.
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Lloyds Banking Group taps UnlikelyAI for customer experience
The partnership will focus on evaluating explainable AI through UnlikelyAI’s neuro symbolic platform.
Westpac rolls out new payee confirmation feature
The feature works by cross-referencing the account name provided by the customer with the records held at the recipient’s bank.
Swedbank acquires Stabelo to expand mortgage operations
Stabelo operates in the mortgage market, focusing on customer groups where Swedbank sees growth potential.
Santander agrees to acquire TSB from Sabadell
The combined entity will have a loan-to-deposit ratio of 107%, compared to Santander UK’s current 108%.
FPT, audax partner to expand digital banking in Asia Pacific and Middle East
FPT will act as audax’s primary regional partner in the Asia Pacific, handling development, testing, deployment, and ongoing operational support.