All articles by Refna Tharayil
Refna Tharayil
AMCO to acquire 80% stake in public credit management company Exacta
The acquisition aligns with AMCO’s 2024-2028 strategic plan, which aims to enhance its role in managing impaired loans for the public interest
J.P. Morgan increases direct lending commitment to $50bn
The convergence of the broadly syndicated and private financing markets is creating unprecedented opportunities for clients, offering greater optionality and customized solutions to address their unique financing needs
UK CMA imposes £104.5m fine on four banks for exchanging UK bond pricing details
Individually, Citi has been fined £17.16m, HSBC £23.4m, Morgan Stanley £29.7m, and RBC £34.2m
AB set to launch on BitMart Exchange
This listing is part of AB DAO’s global expansion strategy, with AB tokens being integrated into more major exchanges to expand utility and accelerate ecosystem growth
BigBear.ai and SoftPoint partner to enhance payment security with facial biometrics
The partnership is aimed at enhancing security for consumer payment transactions across SoftPoint’s network of retail partners
National Bank and Canadian Western Bank announce completion of CWB Tier 1 capital reorganisation
The Limited Recourse Capital Notes Series 1 and Series 2 (NVCC) of CWB have been redeemed in accordance with their terms
Australian lenders Auswide Bank and MyState Bank complete $480.4m merger
The merged entity will serve 272,000 customers across Australia’s eastern seaboard through a network of 23 branches, digital banking services, brokers, and two Australia-based contact centres
Lili launches international payments
Lili’s international wire payments solution will enable its small business customers to both receive and send international payments in dozens of countries across North America, Europe, and Asia, helping them manage their operations and grow their businesses internationally
HSBC to divest Bahrain retail banking business to BBK
The transaction will involve the transfer of retail loans, deposits, and accounts of approximately 76,000 customers to BBK, which is majority-owned by the governments of Bahrain and Kuwait
Capital One and Discover stockholders approve Capital One’s proposed acquisition of Discover
As previously announced, the Delaware State Bank Commissioner approved Capital One’s proposed acquisition of Discover on December 18, 2024