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GTS to buy Cantor Fitzgerald’s ETF and wholesale market making businesses
The acquired business will allow GTS to expand its operations in America and across the world, in addition to elevating…
UBS WM USA to be anchor client on Broadridge’s wealth management platform
Broadridge wealth platform is a next-generation open platform designed to address major financial services challenge by creating an advanced wealth…
OceanFirst Financial to acquire Capital Bank of New Jersey
The transaction is valued at approximately $31.33 per Capital Bank common share or approximately $80m in the aggregate (including options)…
Virtusa, BIAN to develop API Exchange
BIAN’s API Exchange, developed collaboratively by a group including Virtusa, BIAN member banks, and IT businesses, is an open, flexible,…
Schroders, Lloyds to establish financial planning JV firm
Under the deal, Lloyds will own 50.1% stake in the new JV, while the remaining 49.9% stake will be owned…
Orrstown Financial Services to buy US community bank Hamilton Bancorp
As per terms of the deal, Hamilton shareholders will secure 0.54 shares of Orrstown common stock, as well as $4.10…
Open Bank Project, Red Hat partner on next generation open banking solutions
Open Banking, as the provision of open APIs by banks is now known, leverages an ecosystem of third-party apps and…
SIX, Cortica, Duotem to develop AI-based services for securities industry
As part of the memorandum of understanding (MoU), SIX entered into a strategic partnership with Cortica and Duotem Capital to…
Invesco to buy MassMutual asset management affiliate OppenheimerFunds
In turn, MassMutual and the OppenheimerFunds employee shareholders will receive a combination of common and preferred equity consideration, and MassMutual…
Finastra unveils Fusion Global PAYplus cloud-based instant payments solution
The Fusion Global PAYplus packaged solution will allow tier three and four financial institutions in the EU and US to…