All articles by BV Swagath
BV Swagath
Russian govt acquires controlling stake in Sberbank for $28.3bn
The Russian government has completed the acquisition of a controlling stake in Sberbank from The Central Bank of the Russian…
Digital wallet transactions soar amid coronavirus constraints
Latest analysis from the Commonwealth Bank has found digital wallet users spent $1 billion in a record number of transactions…
Heartland BancCorp wraps up $41m acquisition of Victory Bancorp
Heartland BancCorp, the parent company of Ohio state member bank Heartland Bank, has wrapped up its previously announced $41.1m acquisition…
Wells Fargo to expand participation in the paycheck protection program
Wells Fargo & Company (NYSE: WFC) announced today that beginning immediately, in response to the actions by the Federal Reserve,…
SoFi to acquire Galileo Financial Technologies for $1.2bn
US online personal finance company Social Finance (SoFi) has agreed to acquire Galileo Financial Technologies, a financial services API and…
EBRD records a very strong financial performance in 2019
The European Bank for Reconstruction and Development (EBRD) recorded a net profit of €1.4 billion in 2019, a sharp increase…
Open banking fintech Yapily bags $13m in Series A funding round
Yapily, a UK-based open banking fintech, has raised $13m in a Series A funding round led by European venture capital…
Starling Bank launches mobile cheque deposits to make banking from home even easier
Starling Bank is launching mobile cheque deposits. To use the new feature, customers simply snap a photo of a cheque…
Nationwide Building Society drops plans of foraying into UK business banking market
Nationwide Building Society has dropped plans to foray into the UK business banking market, citing the need to prioritise its…
CBA approves $150m in business loans under Coronavirus SME Guarantee Scheme
Commonwealth Bank (CBA) has approved more than $150 million in loans for small and medium businesses impacted by the coronavirus…