All articles by Surya Rao Akella
Surya Rao Akella
Barclays introduces NDF algorithms on electronic trading platform BARX
British bank Barclays has launched new non-deliverable forwards (NDF) algorithms on its electronic trading platform BARX’s Gator algorithm suite for…
Robinhood raises $200m funding to invest in core offering
Online trading app Robinhood has secured $200m in series G funding from New York-based D1 Capital Partners, taking its valuation…
Guardian Capital to acquire majority stake in American asset manager Agincourt
Guardian Capital Group, a Canadian investment and asset management company, has signed an agreement to acquire 70% stake in Agincourt…
NatWest integrates FreeAgent into online banking platform
UK-based bank NatWest has announced a partnership with FreeAgent, under which its accountancy software has now been integrated into the…
ABN AMRO to close down consumer finance business Moneyou
Dutch bank ABN AMRO has announced its plans to wind down its consumer finance business Moneyou activities in the Netherlands…
TSB to axe cashier roles as customer branch visits fall drastically
British bank TSB it is planning to phase out cashier roles early next year because of a drastic fall in…
Barings BDC to acquire business development firm MVC Capital for $177.5m
Barings BDC, a US-based business development company, has agreed to acquire MVC Capital, a firm offering investment capital to businesses,…
Co-op Bank wins CBK approval to acquire stake in Jamii Bora Bank
The Central Bank of Kenya (CBK) has given its approval to Co-operative Bank of Kenya to acquire 90% stake in…
Intercontinental Exchange to acquire Ellie Mae in $11bn deal
Intercontinental Exchange (ICE) has signed an agreement to acquire Ellie Mae, a cloud platform provider for mortgage industry, from its…
Commerzbank reports 21% fall in consolidated profit for second quarter
German bank Commerzbank has reported a consolidated profit of €220m for this year’s second quarter, posting a 21.2% drop compared…