All articles by Surya Rao Akella
Deutsche Bank merges DB Privat- und Firmenkundenbank into group
German lender Deutsche Bank has completed the merger of DB Privat- und Firmenkundenbank, a provider of commercial banking services, into…
TEN31 partners with Anquan Capital to explore blockchain in banking and financial services
German bank WEG Bank’s fintech arm TEN31 has partnered with Singapore-based Anquan Capital to explore the application of blockchain technology…
Legal & General introduces new robotics and automation index fund
Legal & General Investment Management (LGIM) has launched Legal & General Global Robotics and Automation Index Fund, which is its…
Commerzbank reports €277m loss in Q1 2020 owing to Covid-19 crisis
German banking major Commerzbank reported a loss of €277m for the first quarter of this year, owing to Covid-19 (coronavirus)…
IBM to modernise credit union payment services in Canada
IBM had signed an eight-year agreement with Prairie Payments Joint Venture (PPJV) to digitally transform and modernise credit union payment…
PNC Financial plans to sell stake in BlackRock
American bank holding company PNC Financial Services Group (PNC) has announced its intention to sell its 22.4% stake in asset…
ICICI Bank post 26% growth in profit for March quarter
ICICI Bank, one of India’s largest private banks, has reported a 26% increase in its profit after tax to INR12.21bn…
FIS reports $3bn in revenue for first quarter of 2020
Fidelity National Information Services (FIS) has reported a total revenue of $3.07bn for the first quarter of this year. The…
Franklin Templeton acquires digital wealth platform AdvisorEngine
Franklin Resources, a subsidiary of Franklin Templeton, has acquired AdvisorEngine, a New York-based digital wealth platform and consulting services provider,…
LGT Group to split into three separate companies next year
Prince of Liechtenstein Foundation-owned LGT Group announced that it will split its business into three separate companies in 2021. LGT…