All articles by Vidhyamunnangi Vidhyamunnangi

Vidhyamunnangi Vidhyamunnangi

Qatar’s Estithmar Holding moves toward major stakes in Syrian banks  

These deals would represent the first foreign investment in Syria’s banking sector since the regime change that ousted Bashar al-Assad.  

State Street to acquire 23% stake in India’s Groww AMC 

Groww AMC is the asset management subsidiary of Billionbrains Garage Ventures Limited (GROWW). 

UBS CEO Sergio Ermotti expected to step down in 2027 – report 

Ermotti is anticipated to exit after completing the integration work between the two banking institutions. 

Greece’s Epirus Bank taps NCR Atleos for ATM network upgrade  

The move will see NCR Atleos oversee the renewal of Epirus Bank’s ATM network, using its ATMaaS model and Cashzone network.  

Kotak, Federal Bank lead bids for Deutsche Bank’s India retail portfolio – report  

The assets on offer are understood to have a book size of at least $2.5bn. 

PGIM considers divesting Indian asset management unit – report  

The sources said that PGIM has appointed EY to provide advisory services for the potential sale of PGIM India Asset Management.  

Italian PM open to remaining Monte dei Paschi stake sale – report 

Italy reduced its MPS holding from 68%, which acquired during the 2017 rescue, to 4.9%.  

Santander completes stake sale in Polish unit to Austria’s Erste  

The Austrian lender intends to rebrand Santander Bank Polska as Erste Bank Polska during the second quarter of 2026. 

Cerity Partners merges with SOL Capital Management  

The deal will see SOL Capital adopt the Cerity Partners name going forward. 

Hang Seng Bank shareholders greenlight buyout plan by HSBC

The proposal, announced in October 2025, places an overall value on Hang Seng Bank of approximately HK$106.1bn (then $13.63bn).