All articles by Vidyasagar Maddela
Vidyasagar Maddela
Italy considers modifying golden powers, plans to retain veto authority- report
The European Commission previously expressed concerns that Italy’s regulations on specific banking sector acquisitions might not align with EU law.
Bandhan Bank’s board approves NPA portfolio sale
The loan portfolios to be sold belong to the bank’s Emerging Entrepreneurs Business.
ECB examines allegations of Deutsche Bank understating balance sheet risks-report
This review is based on claims by a former Deutsche Bank employee regarding the lender’s application of netting practices.
ČSOB selects Camunda to support core banking transformation
Camunda will simplify ČSOB’s product portfolio, optimise internal workflows, and reduce system complexity.
US agencies issue final capital rule for banks
The new rule aims to address disincentives for banks to engage in lower-risk activities, including intermediating in US Treasury markets.
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ABN Amro to axe 5,200 jobs by 2028 to reduce costs
ABN Amro has also agreed to sell its personal loan subsidiary Alfam to Rabobank, a Netherlands-based banking and financial services company.
Deutsche Bank in discussions to sell India retail and wealth business – report
Kotak Mahindra Bank, Federal Bank, and Emirates NBD India have reviewed the portfolio and are engaged in negotiations.
Pinnacle and Morris merge to create community bank in Georgia
Pinnacle shareholders will own around 54% of the combined company, with Morris shareholders holding approximately 46%.
Santander México completes cloud migration to Gravity
The migration helps Santander México align with digital native enterprises, offering quicker, simpler access to data.
Lloyds to acquire Curve to enhance digital wallet platform
This acquisition is expected to widen Lloyds’s digital capabilities and deliver enhanced payment experiences for its customers.