All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

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.  

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.

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.