All articles by BV Swagath
BV Swagath
HSBC reports 46% decline in Q3 2020 profit after tax at $2bn
HSBC said that its reported profit after tax for the third quarter of 2020 (Q3 2020) was down by 46%…
The Carlyle Group to acquire Calastone
Calastone, the largest global funds network, is pleased to announce that global investment firm The Carlyle Group (NASDAQ: CG) has…
American Express reports 39% drop in Q3 2020 net income at $1bn
American Express has reported a 39% drop in its net income at $1.07bn for the third quarter that ended 30…
BizCapital adds $3m investment from Oikocredit to its Series B
BizCapital, a Brazilian fintech that provides financial solutions for small and medium-sized enterprises, has received an investment of USD 3…
Goldman Sachs to pay $2.9bn fine for involvement in 1MDB scandal
Goldman Sachs has agreed to pay a fine of over $2.9bn to the US Department of Justice (DOJ) and regulators…
Southwest Bancshares completes merger of three affiliated banks
Southwest Bancshares, Inc., the bank holding company for The Bank of San Antonio, today announced the closing of its previously…
Sun Life to acquire 51% stake in Crescent Capital in $338m deal
Sun Life Financial revealed plans to acquire a 51% stake in US-based alternative credit investment manager Crescent Capital Group in…
Latin American bank BCI selects Temenos lo launch new corporate bank in Peru
Temenos (SIX: TEMN), the banking software company today announced that Banco de Crédito e Inversiones (BCI), Chile’s third largest bank,…
Swiss lender UBS reports 99% surge in Q3 2020 net profit at $2bn
UBS has reported a 99% surge in its net profit at $2.09bn for the third quarter that ended 30 September…
Billtrust to go public via $1.3bn merger with South Mountain
Billtrust, a US-based B2B order-to-cash solutions provider, has agreed to merge with blank cheque company South Mountain Merger, in a…