All articles by Vidya Sagar Maddela

Vidya Sagar Maddela

Zigi to advance digital platform with Thought Machine’s Vault Core platform 

Zigi introduced a solution that allows users to access fully compliant digital credit products in as little as three months. 

BBVA secures ADGM approval to expand CIB services in Middle East 

ADGM’s FSRA has granted BBVA In-Principle Approval to obtain a Category 4 licence. 

Flagstar Private Bank launches new wealth planning services 

Flagstar Private Bank has also introduced a regional operating model with coverage across the Northeast, Southeast, and West regions.

UniCredit initiates steps to exit Russia  

UniCredit Leasing has sold almost all its long-term leasing portfolio to the Russia-based leasing company PR-Leasing.

ABG Sundal Collier to acquire Denmark’s FIH Partners

The acquisition is expected to combine the expertise, sector coverage, and client relationships and products of both organisations.

Wells Fargo signals more job cuts and AI rollout in 2026 – report 

The anticipated workforce reduction aligns with Wells Fargo’s ongoing efforts to improve efficiency. 

Huntington National Bank expands presence in South Carolina with new branches 

These new locations are part of Huntington’s strategy to launch around 55 branches across North and South Carolina.

Procyon acquires OLV to expand presence in US

The acquisition of OLV adds more than $500m in assets under management (AUM), bringing Procyon’s total AUM to nearly $9bn. 

Bank of England plans to cut staff amid increasing budget pressures 

The central bank has invited employees to volunteer for potential layoffs under a time-limited redundancy scheme.

FAB signs MoU with Amundi to boost investment offerings in GCC  

The collaboration will include a wide range of investment solutions across client segments, formats as well as asset classes.