All articles by Vishnu Priya N
Vishnu Priya N
Italy’s UniCredit discloses 4.1% stake in Generali
The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer.
Santander weighs UK market exit amid banking challenges
Santander entered the UK retail banking market in 2004 with the Abbey National takeover.
VeriPark and Canadian credit unions team up on digital banking
The coalition aims to offer a Canadian-focused digital banking product that integrates global and Canadian codebases.
JP Morgan, UBS dominate Asia-Pacific M&A financial advisory in 2024
UBS led by volume, providing advisory services for 40 deals.
Simpson Thacher & Bartlett and TriLegal lead M&A legal advisory in Asia-Pacific region in 2024
Simpson Thacher & Bartlett secured lead position in terms of value by advising on $29.5bn worth of deals.
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Romania’s CEC Bank adopts Temenos core banking platform
CEC Bank will deploy Temenos Payments for domestic and international transactions.
Glacier Bancorp to acquire Bank of Idaho for $245.4m
The deal is slated for completion in the second quarter of this year, contingent on regulatory and shareholder approvals.
Indian government plans stake sales in five state-owned banks
Stakes could be sold in UCO Bank, Central Bank of India, Indian Overseas Bank, Bank of Maharashtra, Punjab and Sind Bank.
Capital One faces US CFPB lawsuit over $2bn in unpaid interest
In a lawsuit, the US watchdog said the bank allegedly misled holders of its “360 Savings” account.
Regions Bank chooses Axway’s solution to provide open banking service
In future, Region’s digital banking capabilities will be enhanced by an API solution from Amplify Open Banking that promises increased security.