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UK government supports GMEX to create new trading exchange in Mauritius
GMEX has played a significant role in the initial consortium to launch the Mauritius International Derivatives and Commodities Exchange (MINDEX),…
Commonwealth Bank of Australia to demerge wealth management and mortgage broking businesses
The bank has also announced that it will undertake a strategic review of its general insurance business, including a potential…
Old National Bancorp to buy KleinBank for $434m
As per terms of the deal, Klein shareholders will secure 7.92 shares of Old National common stock for each share…
CYBG to acquire Virgin Money for £1.7bn
The offer values each Virgin Money Share at 371p, based on the closing price of 306p per CYBG Share on…
BOK Financial to acquire CoBiz Financial in $1bn deal
As per terms of the deal, BOK Financial will pay 25% in cash, while the remaining 75% consideration in stock.…
Alior Bank unveils plans to introduce pan-European digital bank
The solarisBank is a Berlin-based banking platform, while Raisin is an European provider of simple saving and investment solutions, and…
Truecaller acquires Indian multi-bank payments app Chillr
Claimed to be the first multi-bank payments app in India, Chillr was created by Sony Joy, Anoop Sankar, Mohamed Galib…
HSBC to invest $17bn to advance growth and boost new technologies
HSBC Group chief executive John Flint has announced the new growth strategy, which will be supported by eight strategic priorities.…
Flexiti buys TD Financing Services’ Canadian private label credit card portfolio
The deal adds over one million new credit card customers and 900 new merchant locations, making Flexiti a major private…
Broadridge buys fund market and research firm MackayWilliams
With offices in London and Berlin, MackayWilliams works with asset managers to offer extensive European market analysis, consultancy services and…