All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
Goldman Sachs’ senior bankers exit amid leadership changes-report
The bankers who left the bank have moved to competitors such as JPMorgan Chase, Wells Fargo, and Citigroup, with some joining boutique firms like Evercore.
PicPay plans to raise up to $500m through US IPO – report
The company is collaborating with Citigroup, Royal Bank of Canada, and Bank of America for the potential listing.
Morgan Stanley initiates SRT tied to $6bn loan portfolio-report
The SRT could reportedly amount to approximately $750m, representing 12.5% of the overall loan portfolio.
Western Alliance Bank launches new division for HNW individuals
The new division aims to extend services beyond the bank’s existing clientele by collaborating with advisors in other sectors.
HSBC to acquire remaining stake in Hang Seng Bank for $13.63bn
The offer reflects a 33% premium over the undisturbed 30-day average closing price, and values Hang Seng at HK$290bn ($37.2bn).
Discovery Bank launches in-app calling feature to combat fraud
The new secure calling feature enables clients to connect directly with bankers, eliminating traditional identification, IVR menus or security questions.
QNB secures licence for digital-first bank in Egypt
ezbank will deliver services via mobile-first platforms and AI-powered tools, supported by risk management systems.
BBVA reserves €8bn to fund mandatory offer for Sabadell-report
Last month, BBVA raised its acquisition proposal for Banco Sabadell by 10% from its prior offer.
UK fintech Monzo considers US banking licence reapplication-report
The UK-based neobank aims to become a licensed lender in the US to revive its expansion in the country.
MVB Bank partners with pay by bank solutions provider Aeropay
The collaboration aims to strengthen Aeropay’s payment infrastructure, focusing on compliant bank-to-bank payments.