All articles by Vidhyamunnangi Vidhyamunnangi

Vidhyamunnangi Vidhyamunnangi

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. 

PRA to remove 37 bank reporting templates

The PRA aims to bring the changes into effect on 1 January 2026 .

Credit Agricole exploring merger of Italian arm with Banco BPM 

Crédit Agricole has engaged Deutsche Bank and Rothschild to advise on a potential merger of its Italian operations with Banco…

Lloyds, Broadcom extend technology agreement to aid transformation

Lloyds plans to use VMware Cloud Foundation to assist with consolidating its data centres.

Mashreq’s digital retail bank in Pakistan makes commercial launch

It is the first time that Mashreq’s digital banking platform has been deployed outside the UAE.

JPMorganChase and Plaid renew data sharing agreement 

The collaboration between the two firms includes a pricing structure for data access. 

MoonPay launches MoonTags to simplify crypto payments 

The new feature allows users to transfer crypto as easily as “sending a text message”, using a “single”, “personalised” identifier.  

Israel’s esh Bank to implement revenue sharing model with depositors 

The bank’s equal sharing model will allocate 50% of the interest revenues generated from customer deposits back to their accounts on a weekly basis. 

Spain’s Sabadell urges shareholders to reject BBVA’s exchange offer 

The board firmly believes that the offer “significantly undervalues the bank, its strategic plan and its future prospects.