All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Revolut gains licence to establish banking operations in Colombia
The licence allows Revolut to begin building its banking infrastructure in Colombia, with plans to launch its digital banking services by 2026.
Citi meets Nigeria’s banking capital norms with $136m infusion-report
The move ensures compliance with the N200bn ($136m) threshold mandated for lenders with a national banking licence.
US regulator to restrict bank examiners’ oversight to strictly financial risks
The proposals are aimed at restricting its examiners to focus only on core financial risks and limit their authority to address nonfinancial issues.
Fifth Third Bancorp enters $10.9bn deal to acquire Comerica
Fifth Third shareholders will own about 73%, and shareholders of Comerica will have 27% of the merged entity.
Plumery expands digital banking platform for Canadian credit unions
The platform offers a suite of banking features specific to Canadian users, such as bill payments, cheque deposits, and Interac e-Transfers.
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Fintech firm Tarabut opens new regional headquarters in Riyadh
The Riyadh headquarters is set to become a focal point for product development, as well as for enhancing client engagement.
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.