All articles by Surya Rao Akella
Surya Rao Akella
Mackenzie to acquire Canada Life’s subsidiary GLC for $132m
IGM Financial, a subsidiary of Mackenzie Financial, has signed an agreement to acquire subsidiary GLC Asset Management Group, a subsidiary of…
Societe Generale posts €1.26bn loss for second quarter of 2020
French banking giant Societe Generale has reported a net loss of €1.26bn for the second quarter of this year, due…
BNP Paribas reports increase in total revenue for Q2 2020
French banking group BNP Paribas has reported a total revenue at €11.67bn in the second quarter this year, up 4% compared…
Accenture secures £150m contract from Bank of England to modernise payments system
The Bank of England has awarded a £150m contract to IT giant Accenture to upgrade Real Time Gross Settlement (RTGS)…
TransferWise’s valuation reaches $5bn after $319m secondary share sale
TransferWise, a UK-based international money transfer service provider, has announced that it is now valued at $5bn, after selling shares…
Banco Santander posts underlying profit of €1.9bn for H1 2020
Spanish banking giant Banco Santander has reported a 53% decline in its underlying profit to €1.9bn for the first half…
CBA’s X15 Ventures launches Backr app for small businesses in Australia
Commonwealth Bank of Australia’s venture arm X15 Ventures has launched Backr, a new app designed to help first-time business owners…
Goldman Sachs settles 1MDB scandal charges with Malaysia for $3.9bn
Goldman Sachs announced that it has arrived at an agreement with the Government of Malaysia to settle all the criminal…
Telecom provider Orange and NSIA launch Orange Bank Africa
Orange, a telecom provider in Africa and the Middle East and NSIA, a bancassurance company, have launched Orange Bank Africa…
Lloyds Bank partners with Form3 to build Payments-as-a-Service platform
Lloyds Bank has announced a partnership with Form3, a payments fintech, for the development of a Payments-as-a-Service platform to enhance…