All articles by Surya Rao Akella

Surya Rao Akella

Deutsche Bank fined $150m for offering services to sex offender Jeffrey Epstein

New York Department of Financial Services (DFS) has imposed a fine of $150m on Deutsche Bank in connection with its…

Deutsche Bank selects Google to speed up cloud transition

Deutsche Bank has agreed to form a multi-year strategic partnership with Google Cloud to accelerate its cloud transition. The partnership…

TISA partners with Atos to build European MiFID II blockchain utility

The Investing and Saving Alliance (TISA), UK’s financial services membership body, has selected Atos for the development of a digital…

Virgin Money to resume job cut and branch closure process

UK-based challenger bank Virgin Money announced that it is resuming the previously announced job cuts and branch closure process, as…

Philippines launches country’s first branchless bank OFBank

The Philippines Government has partnered with Land Bank of the Philippines (LandBank) to launch the Overseas Filipino Bank (OFBank), the…

Azqore partners with Evooq to offer enhanced digital solutions

Azqore, a subsidiary of Indosuez Wealth Management, has formed a strategic partnership with Swiss financial technology provider Evooq to offer…

Wirecard files for insolvency after $2bn cash goes missing

German payments firm Wirecard has filed for insolvency, after the audits conducted by Ernst & Young (EY) recently revealed that…

Brooks Macdonald to acquire Lloyds Channel Islands wealth business

Brooks Macdonald Group announced that its subsidiary Brooks Macdonald International has signed into an agreement with Lloyds Bank International to…

Credit Suisse to buy stake in Brazilian digital bank modalmais

Credit Suisse, a Switzerland-based bank, announced that it has signed an agreement with Banco Modal (modalmais), a digital bank in…

ASIC sues CBA and subsidiary over conflicted remuneration payment

The Australian Securities and Investments Commission (ASIC) has sued Commonwealth Bank of Australia (CBA) and its subsidiary, Colonial First State…