All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
Citi enters $2.5bn deal to sell 24% of Banamex to investors
The divestiture is part of its planned exit from its Mexican retail banking unit.
NAB launches integrated banking centre in Chatswood, Australia
The centre brings together support for everyday banking, private and premier banking, and fraud assistance, among others.
LLB Group sees asset growth despite flat profit in 2025
The rise in operating income was largely due to the acquisition and integration of the former ZKB Österreich.
JPMorgan admits closing accounts linked to Donald Trump
The bank’s disclosure was made through a court filing in response to a lawsuit brought by Trump against JPMorgan and its CEO.
Lombard Odier net profit increases 12% in 2025
Assets under management stood at SFr 223bn at the end of December, up from SFr 215bn the year before.
Plata gains banking licence in Mexico
The regulatory clearance allows Plata to expand beyond its existing credit card business.
EFG profit edges up in 2025 despite litigation headwinds
The firm’s assets under management (AuM) reached SFr185bn at the end of 2025, up 12% compared to the end of 2024.
Citi completes Russian exit by selling unit to Renaissance Capital
Citi indicated that this divestment is anticipated to add approximately $4bn to its CET1 capital during the first quarter of 2026.
Monte dei Paschi board greenlights Mediobanca merger and delisting plan
BMPS acquired an over 86% stake in Mediobanca in September last year.
ASK Asset & Wealth Management gets SEBI nod for mutual fund operations
ASK plans to offer a range of products including active equity, passive strategies, hybrid, and fixed-income funds.