All articles by Refna Tharayil
Refna Tharayil
Societe Generale to divest 58% stake in Guinean unit to Atlantic Financial
The French company expects to have a positive impact of around 2 basis points on the group’s CET1 ratio through the proposed deal
PayPal Ventures reinforces support of Chaos Labs with additional investment
Edge monitors the market for specific risk signals, performs the offchain data parsing and computation, and outputs one actionable data point
Close Brothers to divest wealth management unit to Oaktree in £200m deal
Under Oaktree’s ownership, CBAM is expected to accelerate its growth, with plans to provide the investment required to enhance profitability and expand its presence in the wealth management sector
Boerse Stuttgart Digital provides crypto infrastructure to DZ BANK
Leveraging Boerse Stuttgart Digital’s regulated institutional crypto infrastructure solutions, DZ BANK will enable 700 cooperative banks to offer their retail customers to trade cryptocurrencies and to securely store them in licensed fiduciary custody
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