All articles by BV Swagath

BV Swagath

Switzerland’s Credit Suisse 2Q20 net income grows 24% to $1.28bn

Credit Suisse Group has reported a 24% increase in its net income attributable to shareholders for the second quarter 2020…

DBS and GovTech to pilot SingPass face verification technology for faster digital banking sign-ups

Observing a rise in digital banking in Singapore amid Covid-19, DBS – which banks most of Singapore – has partnered…

Deutsche Bank reports €158m net profit before tax for Q2 2020

Deutsche Bank has reported a net profit before tax for the second quarter of 2020 of €158m, in contrast to…

Bank of America expands commercial contact-free payments

Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC. The bank first launched mobile…

Mastercard, Microsoft partner on innovation in digital commerce and startup ecosystems

Mastercard and Microsoft have joined forces for speeding up innovation in digital commerce and startup ecosystems with a goal to…

Marqeta’s modern card issuing platform to deliver commercial card tokenization for J.P. Morgan

Marqeta, the global modern card issuing platform, announced today that J.P. Morgan will leverage Marqeta’s unique card tokenization capabilities for…

Deutsche Bank, Airwallex partner for cross-border collection and API-enabled FX services

Deutsche Bank has joined forces with cross-border payments firm Airwallex to enable the latter to offer virtual account collections solution…

Baloise Asset Management acquires stake in Tolomeo Capital

As part of a strategic partnership, Baloise Asset Management is acquiring a stake in Zurich-based asset manager Tolomeo Capital AG.…

Perpetual to acquire BSIG’s stake in US investment manager Barrow Hanley

Perpetual, an Australian financial services company, has agreed to acquire the 75.1% stake held by BrightSphere Investment Group (BSIG) in…

Moscow Exchange completes acquisition of stake in e-FX trading platform

Moscow Exchange completed the acquisition of a 17% stake in BierbaumPro AG, which holds a 100% ownership stake in NTProgress,…