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Accuity buys US firm Safe Banking Systems
SBS offers advanced anti-money laundering and compliance solutions, which allow institutions to identify, assess and manage risk across the enterprise.…
Cinnober, BitGo partner to provide solutions to cryptocurrency exchanges
BitGo’s wallet solution will extend Cinnober’s trading and post-trade platform to offer an end-to-end secure and institutional-grade digital asset exchange…
Bank of Cyprus to divest UK subsidiary for £103m
Subject to regulatory approvals, the deal is expected to complete by the end of this year. Once the deal concludes,…
TD Bank to buy Greystone Managed Investments for $603m
The purchase price is made up of C$730m of enterprise value, seed capital of around C$105m along with certain other…
EQT to buy Saxo Bank’s online cross-border payments unit
The Swedish private equity group will acquire Saxo Payments Banking Circle (Banking Circle) through its EQT VIII fund and EQT…
Mastercard, Strands partner to provide integrated platform for issuing banks
Both firms are working together to offer issuing banks with an integrated platform of digital cash management and commercial payment…
IBM, Banca Carige launch $500m JV to focus on banking technologies
The new JV, dubbed Dock, will introduce advanced technologies, including artificial intelligence (AI), big data, analytics and cognitive tools to…
Scotiabank completes acquisition of majority stake in BBVA Chile
The acquisition, which was announced in late 2017, was wrapped up after receipt of approvals from the Chilean and Canadian…
Sistema offloads controlling stake in MTS Bank to MTS
Mobile TeleSystems is a subsidiary of Russian telecommunications operator and digital service provider MTS. As a result of the transaction,…
Wells Fargo to sell majority stake in Rock Creek Group
The deal is expected to be completed by the end of August this year. Since December 2012, RockCreek has been…