All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
Westpac maintains branches in regional Australia
Westpac will continue its co-location program, which brings two brands and customer service teams together under one roof.
BBVA approaches Sabadell for potential $10bn merger deal
BBVA had appointed advisers and informed Sabadell’s board chairman about their interest in initiating negotiations over a potential merger, and Sabadell confirmed that it has received an indicative written proposal from BBVA
UMB to acquire bank holding company Heartland Financial for $2bn
The business combination would create a regional banking hub that will have branches across 13 states, adding California, Minnesota, New Mexico, Iowa and Wisconsin to UMB’s existing footprint spanning eight states
Hope Bancorp and Territorial Bancorp Announce Definitive Merger Agreement
Territorial Savings Bank, a state-chartered savings bank, originally chartered in 1921 by the Territory of Hawai‘i, conducts business from its headquarters in Honolulu, Hawai‘i, and operates 28 branches in the state
Bank of Ireland investing additional €34 million in customer service improvements
Latest investment follows announcement of €60 million spend on ATMs and branch network, and €50 million on fraud protections
Amundi’s net income for Q1 2024 increases by 6% to €318m
Amundi attributed its growth in net income to an increase in management fees, together with cost control, and balance in net inflows to primary client segments, expertise, and geographies
RBI restrains Kotak Mahindra Bank from onboarding new customers online
RBI observed significant deficiencies and non-compliances in the bank’s IT risk management, user access management, vendor risk management, data security and data leak prevention strategy, and disaster recovery, among others
Mastercard transforms the fight against scams with latest AI tech
Verizon, NatWest and Global Anti-Scam Alliance collaborate with Mastercard to tackle fraudsters
Klarna and Uber announce global partnership
Klarna offers a fairer and more sustainable alternative to traditional credit cards, with zero interest
Standard Chartered joins Visa B2B Connect to boost cross-border payments
Standard Chartered is offering the new capability, which will expand its existing suite of payment solutions with a focus on faster and more cost-effective B2B transactions across borders, initially for the clients of Standard Chartered Singapore