All articles by BV Swagath
BV Swagath
CBA to offload 55% stake in Colonial First State to KKR for $1.1bn
Commonwealth Bank of Australia (CBA) has agreed to offload a stake of 55% in Colonial First State (CFS) to KKR…
Lloyds Banking Group provides £4bn of Covid-19 finance for business bounce back
Many tens of thousands of British businesses have secured finance to support them during the lockdown, with more than £4bn…
Commerzbank scraps sale process for mBank stake amid coronavirus crisis
Commerzbank has scrapped its previously announced sale process of its majority stake of 69.3% in mBank, a fully internet-based bank…
DBS Bank is first Singapore bank to join Contour’s beta network
DBS Bank is the first Singapore bank to join Contour’s network, growing the number of banks on the platform driving a collective effort…
AMP scraps plans to sell New Zealand wealth management business
AMP has scrapped plans to sell its New Zealand wealth management business owing to the economic and financial markets disruption…
Novantas acquires Amplero to accelerate AI-powered transformation
Novantas, a leading provider of data, platforms and advisory services to the banking industry, announced today that it has acquired…
Australia’s Macquarie Group FY20 net profit down by 8% at $1.8bn
Macquarie Group reported an 8% drop in its net profit after tax attributable to ordinary shareholders for the full-year ended…
Citizens Bank partners with Teslar Software to better serve its communities
Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today…
Crédit Agricole Group Q1 2020 net income down by 33% at €908m
Crédit Agricole Group reported a 32.8% drop in its net income group share in the first quarter of 2020 (Q1…
Global Payments to provide credit card processing services for Truist Financial
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that TSYS, its…