All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
Indian government begins fresh IDBI Bank valuation – report
This updated valuation is set to become the reference point for any later stake sale.
Reserve Bank of India seeks to prioritise risk governance for bank boards
The proposal follows a period of strain at HDFC Bank, where the chair stepped down suddenly, pointing to “ethics” concerns.
ING scraps Russian business sale
The bank ended the agreement after concluding there was no credible prospect of the purchaser securing the required clearances.
Citi sets tougher targets for private bankers – report
The updated measures centre on net revenue and on the amount of client money placed with Citi for investment.
HSBC revives Australia retail exit plan – report
Blackstone is among the parties paying close attention to the opportunity.
Barclays plans branch expansion in high street revival – report
Since 2019, the lender has closed almost 80% of its branches as it pursued a stronger shift to digital banking.
Generali Asset Management lines up new CEO
The planned management changes are intended to keep attention on global third-party institutional and pension clients.
Italy fines Revolut over consumer code breaches
The regulator found the fintech’s approach to suspending, limiting or blocking payment accounts to be “aggressive”.
HSBC names new CEO to lead Swiss private banking operations
Gómez has spent more than 30 years in wealth management in Switzerland and abroad.
TVS Venu Group to acquire PGIM India asset management arm
PGIM India operates as part of PGIM, the investment management arm of the US-based Prudential Financial.