All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
ING to acquire remaining 55% stake in Goldman Sachs TFI
The bank already owns a 45% stake in the company and will now take full control of the Polish asset management business.
Amundi acquires 4.6% stake in ICG
The Amundi-ICG partnership includes a ten-year agreement, joint product development, and a minority equity investment by Amundi in ICG.
Italy prioritises MPS-BPM merger to reduce stake in MPS – report
The government is prioritising MPS-BPM merger plans through a future merger, with Banco BPM identified as the preferred partner.
Lloyds to merge trading and underwriting teams – report
The restructure is part of the lender’s ongoing efforts to align its international operations and strengthen risk management.
Deutsche Bank announces growth strategy for 2028
Deutsche Bank’s 2028 growth strategy targets higher revenues, improved returns, and a scalable operating model.
Deutsche Bank to recruit 250 bankers for wealth management – report
The bank plans to allocate around €300m ($348m) for its wealth management division over the next three years.
SuMiTB implements FIDO authentication to secure mobile banking services
The move introduces OneSpan’s cloud-based FIDO authentication solution to the Japanese mobile banking sector.
JP Morgan Private Bank outlines investment strategy for 2026
The outlook identifies AI as a major driver of industry transformation, cost reduction and productivity growth.
Westpac extends regional branch moratorium to 2030
Westpac will launch the Community Banking Service pilot, developed in partnership with local councils, in early 2026.
Dutch banks to reduce workforce amid AI adoption and cost-cutting – report
The job cuts in the banking sector reflect ongoing efforts to address profitability pressures and adapt to changing operational demands.