All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
US agencies issue final capital rule for banks
The new rule aims to address disincentives for banks to engage in lower-risk activities, including intermediating in US Treasury markets.
Standard Chartered opens private banking centre in South Korea
The new private banking centre will provide wealth management services to individuals with deposits of at least Won1bn ($680,000).
Deutsche Bank in discussions to sell India retail and wealth business – report
Kotak Mahindra Bank, Federal Bank, and Emirates NBD India have reviewed the portfolio and are engaged in negotiations.
Eton launches EtonAxis platform for private equity fund managers
EtonAxis facilitates automation of routine tasks and streamlining of complex processes on a single platform.
Pinnacle and Morris merge to create community bank in Georgia
Pinnacle shareholders will own around 54% of the combined company, with Morris shareholders holding approximately 46%.
GTCR to acquire Fiduciary to boost wealth management
GTCR will partner with Fiduciary’s CEO Austin Shapard and management team to accelerate growth.
Santander México completes cloud migration to Gravity
The migration helps Santander México align with digital native enterprises, offering quicker, simpler access to data.
Lloyds to acquire Curve to enhance digital wallet platform
This acquisition is expected to widen Lloyds’s digital capabilities and deliver enhanced payment experiences for its customers.
Wafra acquires minority stake in French private equity firm Ardian
The investment is part of Wafra’s Strategic Partnerships programme, designed to collaborate with scaled alternative asset managers.
ECB reduces capital requirements for banks after stress test results
This allows European banks to increase dividends and share buybacks, supported by profits and the end of negative interest rates.