All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
JPMorgan plans $600bn asset growth in Asia-Pacific within five years-report
Australia, China, and Japan are expected to be the primary contributors to this growth target.
Dezerv secures $39.4m in Series C to bolster wealth management services
The fresh capital infusion has increased the company’s total funding to more than Rs8.5bn.
Emirates NBD to buy majority stake in India’s RBL Bank – report
Emirates NBD would conduct the transaction through its Indian subsidiary, which is expected to be integrated with RBL Bank post-purchase.
ANZ Group halts share buyback, redirects funds to strategic revamp
ANZ has revealed plans to achieve A$800m ($517.6m) in cost savings before tax during the current financial year.
FIS integrates Glia’s AI to improve customer service in banking
The technological incorporation will address routine customer inquiries with AI agents, while complex issues are escalated to human agents.
Philippine’s PNB announces reorganisation to streamline operations
The bank has disclosed its plans to close the PNB Bahrain representative office and restructure internal sectors.
HDFC Bank’s DIFC branch restricted from onboarding new clients
Dubai Financial Services Authority raised concerns regarding the branch’s practices in offering financial services to customers.
Citi to divest 25% stake in Banamex to Chico Pardo for $2.3bn
This move is part of Citi’s strategy to divest its international consumer businesses and concentrate on its primary interconnected businesses.
Revolut to invest $13bn for global expansion
The fintech company has opened new global headquarters in the UK and committed to invest £3bn in the country.
Monte dei Paschi di Siena secures 86.3% of stake in Mediobanca
The transaction will be finalised on 29 September 2025, when the payment for the shares will be made.