All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
Revolut plans new Stockholm branch to compete with Klarna
The UK-based digital bank aims to increase its Nordic customer base from two million to three million by the end of next year.
SBI and Amundi to sell 10% SBI Funds Management in IPO
SBI, which currently holds 61.9% of the asset manager, will offload 6.3% of its stake, while Amundi, which owns 36.4%, will sell 3.7%.
Lloyds Banking to launch AI-powered financial assistant in 2026
Lloyds is currently testing the AI assistant with around 7,000 employees, who have conducted 12,000 trials of the system.
Charles Schwab to acquire Forge Global in $660m deal
Forge operates a private market platform that has facilitated more than $17bn in private company share transactions.
Emirates NBD to launch open offer for RBL Bank next month
Emirates NBD will tender up to 415,586,443 equity shares, representing a 26% stake in the bank from public shareholders.
United Fintech acquires digital transformation provider Trade Ledger
United Fintech now gets the full ownership of Trade Ledger and will add the company to its commercial banking division.
Questrade secures banking licence for Questbank in Canada
The company received the ‘Order of Commencement and Carrying on of Business’, which is the final step in the federal banking licensing process.
State Street in talks to acquire stake in Indian mutual fund – report
The company intends to collaborate with the Indian firm by sharing its technology to help develop investment strategies.
Tangerine selects Engine by Starling for new digital banking platform
Tangerine will switch its core banking system to Engine by Starling’s cloud-native platform to boost its client experience.
Millennium Management divests 15% stake to investor group
This stake sale shifts the ownership structure of the hedge fund, which was previously entirely owned by its founder.