All articles by Refna Tharayil
Refna Tharayil
NAB extends partnership with AWS to transform technology capabilities
Under the renewed collaboration, NAB aims to accelerate the migration of ITS critical workloads to AWS cloud infrastructure
Deutsche Bank strengthens comprehensive advisory approach and invests in digitalisation
The range of personal advice is supported by a significantly increased capacity for advice via video and telephone
UniCredit likely to seek ECB clearance to acquire up to 30% stake in Commerzbank
Under European banking regulations, the ECB must approve any investor seeking to hold 10% or more of a bank.
FTC orders shut down unauthorised billing and credit card laundering schemes, require turnover of assets valued at about $40m
The three orders permanently ban all defendants from marketing or selling any product or service using a negative option feature
JTC to acquire Citi Trust from Citigroup in $80m deal
The transaction will significantly expand JTC’s US trust platform, complementing its recent acquisitions of New York Private Trust Company, South Dakota Trust Company, and First Republic Trust Company of Delaware
BNY to launch Alts Bridge platform broadening investor access to alternative products
Designed to deeply integrate into intermediaries’ existing desktops, beginning with BNY Pershing X’s Wove advisory platform and NetX360+, with cutting-edge AI and analytics tools that are designed to reduce manual processing and error rates, Alts Bridge creates a powerful solution for investors, advisors, and the home office
Alpha Star and XDATA announce merger agreement
Following the closing of the proposed transaction, Xdata will operate as a publicly traded company on the Nasdaq stock market through a Cayman Islands-exempted entity incorporated by Alpha Star
CFPB sues Horizon Card Services and CEO Robert Kane for illegally baiting, gouging, and trapping families in high-fee credit cards
The CFPB alleges Horizon and Kane lured consumers into the membership program through deceptive marketing
UK announces new rules for banks to deliver financial stability and investment
New rules for banks and building societies will ensure the UK financial system is resilient, competitive and promotes investment in the UK economy
EQT mulls sale of majority stake in Banking Circle valued at $2bn
Acquired by EQT in 2018, Banking Circle offers advanced mission-critical infrastructure for cross-border payment processing, designed to simplify operations and reduce time and costs