All articles by BV Swagath
BV Swagath
UBI Banca turns down Intesa Sanpaolo’s sweetened takeover bid
Italian banking group Unione di Banche Italiane (UBI Banca) has rejected a revised takeover bid of €4.82 per share from…
Royal Bank of Canada and Borealis AI announce new AI private cloud platform, developed with Red Hat and NVIDIA
Royal Bank of Canada (RBC) and its AI research institute Borealis AI have partnered with Red Hat and NVIDIA to develop a…
Digital investment manager Scalable Capital raises €58m in Series D round
Scalable Capital, a European digital investment manager that leverages artificial intelligence (AI) to help its clients handle their money, has…
Intellicus and Modus announce technology partnership to deliver next-gen analytics to banks
Intellicus Technologies, a leading provider of business intelligence and analytics solutions, and Modus Information Systems, a pioneer in IT services to…
Switzerland’s UBS Q2 2020 net profit down by 11% to $1.23bn
UBS reported a decrease of 11% in its net profit at $1.23bn in the second quarter that ended 30 June…
Wells Fargo names Mike Santomassimo as new chief financial officer
Wells Fargo & Company (NYSE: WFC) announced today that Mike Santomassimo will join the company in fall 2020 as Chief…
UK’s HM Treasury launches review for strengthening fintech sector
The HM Treasury, which is the UK’s economic and finance ministry, has launched a review into the country’s fintech sector…
Virgin Money launches First Time Buyer app trial
Virgin Money has announced the trial of a new app designed to help first time buyers navigate the home purchase…
Intesa Sanpaolo offers increased takeover bid for UBI Banca
Intesa Sanpaolo has offered a sweetened bid for the takeover of Italian banking rival Unione di Banche Italiane (UBI Banca)…
Swiss FinTech vestr closes oversubscribed Series A led by SIX Group
vestr provides issuers of Actively Managed Certificates (AMCs) with the first independent software engine to digitize the value chain of…