All articles by RanjithKumar Dharma
RanjithKumar Dharma
Metro Bank in discussions to divest consumer loan portfolio
Confirming the move, the bank said that a potential sale is likely to boost its CET1 and MREL ratios.
Lloyds Banking Group to close another 136 UK branches
The closures will impact 61 Lloyds branches, 61 Halifax branches, and 14 Bank of Scotland locations.
French fintech Formance secures $21m in Series A funding
Y Combinator, Hoxton Ventures, and Axeleo Capital also contributed to the round.
Bank of Ireland UK commits $124m to upgrade services
The investment aims to speed up payment processing for retail and SME customers.
NatWest invests in AI platform Serene
The investment is expected to boost NatWest’s customer support and drive cross-industry collaboration.
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Alliant enters digital banking partnership with Backbase
The collaboration aims to speed up Alliant’s digital banking innovation and improve its operational efficiency.
Ireland reduces stake in AIB Group to 12.5%
The transaction saw the divestment of 116 million ordinary shares at €5.60 apiece.
DBS raises stake in Shenzhen Rural Commercial Bank
The investment aligns with the Group’s strategy to focus on its core markets and broaden its presence in the Greater Bay Area.
KlariVis, FinGoal offer new Transactional Intelligence features for banks
The integration offers banks and credit unions the tools to identify key customer behaviours and capture revenue opportunities.
Austin Bank secures regulatory nod for Chasewood Bank acquisition
The acquisition will bring Austin Bank’s assets to $2.9bn across 40 locations.