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Flagstar Bank to buy Wells Fargo’s 52 retail bank branches in US
Under the deal, Flagstar Bank will acquire 33 branches in Indiana, 14 branches in Michigan, four branches in Wisconsin and…
UK government divests 7.7% stake in RBS for £2.5bn
Via UK Financial Investments (UKGI), the government has divested 925 million shares at 271 pence per share, reducing its interest…
Visa launches $100m investment program for European FinTechs
The company has announced two new programs, which will help European FinTechs engaged in the development of next generation digital…
Australian regulator to lay criminal cartel charges on ANZ, Deutsche Bank, Citigroup
The ACCC confirmed that criminal cartel charges will be laid by the Commonwealth Director of Public Prosecutions (CDPP) against ANZ,…
Intercontinental Exchange to buy TMC Bonds for $685m
Founded in 2000, TMC Bonds supports anonymous trading across multiple protocols, including click-to-trade and request-for-quote (RFQ) in various asset classes…
UK digital wealth manager Moneyfarm secures £40m funding
Venture capitalist firm Endeavor Catalyst and Italian finance company Fondazione di Sardegna, as well as existing investors such as United…
SIA to buy First Data’s card processing businesses in Central and Southeastern Europe
SIA has acquired the businesses offering card processing, card production, call center and back-office services, including 13.3 million payment cards…
Vontobel to buy Notenstein La Roche Private Bank for $705m
Notenstein La Roche provides various services, including investment advisory and wealth management, financial and pension planning, financing and external asset…