All articles by Vidhyamunnangi Vidhyamunnangi
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.
Lloyds to review staff bank data use in pay discussions
Chief executive Charlie Nunn told employees about the move at a recent internal meeting.
Barclays appoints UBS executive as COO for Asia private banking arm
Schlossmacher has more than 30 years of experience in wealth management, working across Singapore, Hong Kong, and Switzerland.
Deutsche Bank to boost private banking in emerging markets – report
This recruitment drive forms part of a strategy to raise headcount in the division by 50% over the next three years.
Philippines-based digital bank Maya seeks up to $1bn in US IPO – report
Advisers are said to be working with Maya towards a possible listing as soon as this year.
JPMorgan Chase names new COO to drive AI expansion
Guy Halamish will collaborate with the leaders of markets, global banking, payments, and securities services.
US Fed to drop some confidential bank warnings in oversight shift
Fed supervision staff informed banks that examiners would start reviewing outstanding private directives.
UK regulator brings BNPL services under full consumer credit regulation
With the change, BNPL agreements will fall within the scope of the Consumer Duty.