All articles by krishna chaitanya

krishna chaitanya

Wells Fargo reaches $575m settlement with US states over sales practices

The latest settlement comes after the bank agreed to pay $190m in 2015 to settle federal government claims of creating…

Wells Fargo Asset Management to open branches in Frankfurt and Paris

The company has received a new licence for its existing funds business from Luxembourg’s financial regulator to provide discretionary portfolio…

Pintec forms digital lending partnership with Fullerton Credit

Under the MoU, Pintec will provide digital lending solutions to FC for its online customers. It will also support FC…

Ant Financial in talks to acquire UK currency exchange WorldFirst

Sky News reported that both the entities were in discussions for several months and the takeover can be completed in…

Saudi Arabia’s NCB mulls merger with Riyad Bank

The deal, if successful, will create one of the largest lenders in the Middle Eastern region with $182bn in assets.…

Cadence offers additional shares to acquire State Bank

The bank has exercised its right to increase the exchange ratio with accordance to the definitive merger agreement signed in…

Temenos concluded $245m acquisition of Avoka

Temenos agreed to acquire 100% of the issued share capital of Avoka for $245m early this month. Temenos funded the…

RBS applies for banking licence in Germany in preparation for Brexit

After receiving the licence, RBS will replace its existing Frankfurt branch with a newly licensed business that will give it…