All articles by BV Swagath

BV Swagath

Goldman Sachs announces flat Q2 2020 profit of $2.42bn

The Goldman Sachs Group has announced net earnings of $2.42bn, or diluted earnings per common share of $6.26, in the…

MoneyLion launches RoarMoney, an advanced mobile banking experience

MoneyLion, the award-winning consumer digital finance platform, today announced the launch of RoarMoney, a new demand deposit account powered by…

Citigroup Q2 2020 net income down by 73% to $1.3bn amid Covid-19 crisis

Citigroup has reported a 73% drop in its net income for the second quarter 2020 (Q2 2020) to $1.31bn, or…

Barclays helps close the advice gap with launch of Plan & Invest

Barclays has launched a new digital advice service to tackle the UK’s advice gap and give more people the confidence…

NIBC Bank agrees to Blackstone’s revised offer price of €1bn

Dutch commercial bank NIBC Bank has agreed to the revised price of €1.03bn offered by US private equity firm Blackstone…

Spain: EIB Group and Santander provide almost €760m for SMEs affected by COVID-19

The European Investment Bank (EIB) and Santander have signed several agreements to support Spanish companies affected by the economic impact…

Bank of China’s €155m acquisition of Goodbody Stockbrokers scrapped due to Covid-19

Bank of China’s proposed €155m acquisition of Irish stockbroking firm Goodbody Stockbrokers has collapsed due to the ongoing Covid-19 crisis. In…

VTB introduces robotization for getting state support loans to businesses

VTB has introduced a robot for processing and verifying data on applications for soft loans at 2% per annum for small and medium-sized…

VP Bank to acquire private banking activities of Öhman Bank in Luxembourg

VP Bank Group, a Liechtenstein-based banking firm, has agreed to acquire the private banking activities of Öhman Bank in Luxembourg…

Mercer Advisors acquires M.J. Smith and Associates

Mercer Global Advisors Inc. (“Mercer Advisors”), a national Registered Investment Adviser (RIA), today announced the acquisition of M.J. Smith and…