All articles by Refna Tharayil
Refna Tharayil
Robinhood to buy custodial and portfolio management platform TradePMR for $300m
Through the proposed transaction, Robinhood Markets aims to bolster its advisory services and expand offerings to a broader range of investors
Private banks Gonet & Cie and One Swiss Bank join forces to create leading player in Switzerland
This merger, between two players of similar size who share common values, will accelerate the development of their business in Switzerland and internationally through their joint know-how
Goldman Sachs plans to spin out GS DAP platform from digital assets unit
Developed by Goldman Sachs’ digital assets division, GS DAP is a platform designed to support complex requirements of market participants in digital capital markets
NatWest Group modernises self-service banking with NCR Atleos
Through its collaboration with NCR Atleos, NatWest Group is in the process of upgrading its owned and partner network of more than 5,500 ATMs and multi-function devices
Nuvei wraps up $6.3bn go-private deal with Advent
The transaction will delist Nuvei’s subordinate voting shares from the Toronto Stock Exchange the Nasdaq Global Select Market by the end of this month
ASIC sues NAB for failing customers facing financial hardship
ASIC alleges that between 2018 and 2023, NAB and its subsidiary AFSH Nominees Pty Ltd (AFSH) did not respond to 345 hardship applications within the 21-day timeframe required by law
Access Bank UK to buy majority stake in Mauritius-based AfrAsia Bank
The deal will serve as a launchpad for expanding trade finance and regional connectivity, enhancing Access Bank UK’s ability to facilitate cross-border transactions across Africa and beyond
Amundi acquires aixigo to accelerate the deployment of technological solutions to distributors of savings products
Whilst digital technology has become a key lever to managing customer relations for wealth managers, the latter are also seeking to leverage technologies to enable their staff to advise, distribute and manage investment solutions more effectively
Mizuho to acquire 15% stake in Rakuten Card in $1bn deal
Following the deal, Rakuten Card will continue to operate as a subsidiary of Rakuten Group within the larger Rakuten ecosystem
Nuvei receives all regulatory approvals for going private transaction
The Company expects that, subject to the satisfaction at closing of the remaining closing conditions, the Arrangement will be completed on or about November 15, 2024