All articles by Refna Tharayil
Refna Tharayil
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
ACNB gets regulatory approvals for $73.5m acquisition of Traditions Bancorp
The proposed deal has been approved by both the FDIC and the Pennsylvania Department of Banking and Securities
FCA fines Metro Bank £16m for financial crime failings
Metro automated the monitoring of customer transactions for potential financial crime in June 2016
UnionBank to acquire 27.5% stake in ATR Asset Management
Upon the completion of the transaction, shareholders of ATRAM Group will retain the remaining 72.5% stake in ATR Asset Management
LGT to acquire Commonwealth Bank of Australia (CBA)’s personal advice business, Commonwealth Private Advice
Once completed, the transaction will solidify its position as a trusted partner for sophisticated private wealth clients
PNC Bank to invest additional $500m in branch expansion and renovation across US
The latest move will bring PNC Bank’s total branch investment to around $1.5bn, covering the establishment of more than 200 new branches and the renovation of 1,400 existing sites over the next five years
DFCU Financial announces intent to acquire Winter Park National Bank
Winter Park National Bank, founded in 2017, serves the Winter Park-Orlando-Kissimmee area with a strong reputation for customer service and personalized banking solutions
UBS pilots blockchain-based payment solution UBS Digital Cash
The pilot phase involved successful transactions with multinational clients and banks, including both domestic transactions within Switzerland and cross-border payments