All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
Captrust adds $2.4bn in assets with Meritage purchase
Meritage serves high-net-worth clients and institutions such as retirement plans, endowments, and foundations.
Santander seals $12.2bn deal to acquire Webster
Each Webster shareholder will receive $48.75 in cash and 2.0548 Santander shares for each share they hold.
UBS profit surges 56% in Q4 2025
Group invested assets surpassed $7tn for the first time, reflecting a 15% annual increase.
Vanguard cuts fees on 53 funds for 2026
The company estimates these changes will result in approximately $250m in fee reductions for investors in 2026.
Trump selects Kevin Warsh to lead Fed Reserve as Powell faces probe
Warsh previously sat on the Federal Reserve board of governors between 2006 and 2011, starting as its youngest-ever member.
India proposes new committee to review financial sector
The committee’s purpose is to undertake examination of the financial sector and prepare it for the country’s next growth phase.
Deutsche Bank offices raided by German authorities in money laundering
The inquiry is focused on historical transactions involving bank employees and businesses connected to Roman Abramovich.
Prosperity Bancshares and Stellar Bancorp to merge in $2bn deal
As per the agreement, Prosperity will offer 0.3803 shares of its common stock along with $11.36 in cash for each Stellar share.
BNY reshuffles executive team to streamline wealth and markets divisions
Adam Vos will become global head of Wealth Solutions; Jim Crowley as executive vice chair; Laide Majiyagbe will head Markets.
Revolut commences full banking services in Mexico
The launch represents the fintech firm’s first bank outside European borders and expanding Revolut’s footprint to 40 countries.