All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
Neobank Ualá raises $195m at $3.2bn valuation
The fintech company will use the funds to support its growth across Latin America.
Morgan Stanley to cut 2,500 jobs amid strategic shift – report
The layoffs will impact the investment banking and trading, wealth management, and investment management divisions.
JPMorgan appoints Stephanie Davis to lead private wealth alternatives
Sean Flynn has also been appointed as Private Wealth Alternatives National Manager.
BEA International Bank deploys Temenos core platform
The cloud-based deployment aims to offer the Bank a scalable platform to enhance its banking services in the French market.
JPMorgan, Citi shift to remote work in Middle East amid Iran conflict
This move comes as regional instability increases following US and Israeli air strikes on Iran.
Monte dei Paschi eyes €3.7bn profit by 2030 after Mediobanca deal
Meanwhile, Prime Minister Giorgia Meloni said that the state’s involvement with MPS has ended, and future governance will be left to market investors.
China greenlights cross-border funds for Fidelity and JPMorgan AM – report
The approvals from the securities regulator came as China’s central bank implemented measures aimed at curbing the yuan’s appreciation.
Victory Capital makes bid for Janus Henderson to outstrip Trian deal
Late last year, Trian and General Catalyst agreed to buy Janus Henderson at $49 per share.
DBS, SMFG others vie for HSBC Indonesia retail unit – report
Interested banks include DBS Group, OCBC, UOB, Malaysia’s CIMB Group, and Japan’s Sumitomo Mitsui Financial Group.
Santander aims for €20bn profit by 2028
The bank intends to grow its customer base from a projected 180 million in 2025 to over 210 million by 2028.