All articles by Vidyasagar Maddela
Vidyasagar Maddela
PNC Bank to open more than 300 new branches by 2030
PNC’s expansion plan includes opening new branches in Nashville, Chicago, Sarasota, and Winston-Salem markets.
Lloyds Banking to launch AI-powered financial assistant in 2026
Lloyds is currently testing the AI assistant with around 7,000 employees, who have conducted 12,000 trials of the system.
Revolut plans new Stockholm branch to compete with Klarna
The UK-based digital bank aims to increase its Nordic customer base from two million to three million by the end of next year.
United Fintech acquires digital transformation provider Trade Ledger
United Fintech now gets the full ownership of Trade Ledger and will add the company to its commercial banking division.
Emirates NBD to launch open offer for RBL Bank next month
Emirates NBD will tender up to 415,586,443 equity shares, representing a 26% stake in the bank from public shareholders.
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Questrade secures banking licence for Questbank in Canada
The company received the ‘Order of Commencement and Carrying on of Business’, which is the final step in the federal banking licensing process.
Tangerine selects Engine by Starling for new digital banking platform
Tangerine will switch its core banking system to Engine by Starling’s cloud-native platform to boost its client experience.
First Financial completes $2.2bn acquisition of Westfield Bancorp
The acquisition brings First Financial’s total assets to $20.6bn and strengthens its presence in the Midwest region of the US.
Hometown Financial completes acquisition of CFSB Bancorp
The acquisition increases Hometown Financial’s North Shore Bank’s total assets to $3.3bn, with 29 branches across eastern Massachusetts.
UniCredit raises stake in Alpha Bank to about 29.5%
This development marks the latest in a series of strategic investments by the Italian bank to expand its influence in Alpha Bank.