All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
BBVA to pursue Sabadell takeover despite Spain’s restrictions
The Spanish government has mandated at least three-year wait period for BBVA and Sabadell as takeover condition.
Banking tech platform Natech raises $33m in Series B round
The capital consists of $26m in equity and $7m in “long-term, low-interest” debt.
Santander and Barclays in final race to acquire TSB Bank
Sabadell may select one bank for negotiations, though a deal is not guaranteed, the publication noted.
Neobank Starling seeks expansion in US
The London-headquartered bank aims to engage US banking specialists this summer to commence the acquisition process.
BBVA introduces digital bank in Germany
The German proposition offers a checking account with a 3% interest rate for the first year.
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Metro Bank’s majority shareholder open for stake sale – report
Gilinski Bacal controls a 52.87% interest through Spaldy Investments in the bank.
Santander completes cloud migration in Spain with Gravity platform
The Spanish banking group’s future plans include deploying Gravity in Brazil and Mexico.
Dutch Central Bank levies €15m fine on ABN AMRO
The bank is found to have violated regulations prohibiting of bonus payments to executive members in banks that received state aid.
UniCredit likely to withdraw Banco BPM bid amid regulatory hurdles
The bank had earmarked capital to cover potential losses if the Russian assets were to be nationalised.
ANZ renews Knosys contract and seeks cloud migration
Additionally, the companies collaborating on the integration of an AI assistant into the bank’s knowledge management portal.