All articles by BV Swagath

BV Swagath

Deutsche Bank reports Q4 loss of €1.6bn amid continued restructuring

Deutsche Bank announced a net loss of €1.6bn for the fourth quarter of 2019, compared to a net loss of…

Wells Fargo expands financing for diverse small businesses

The Wells Fargo Foundation announces that it is providing $17.4 million to Community Development Financial Institutions (CDFIs) across the U.S.…

Lloyds Banking to close 56 branches amid increased digital transactions

Lloyds Banking Group (LBG) is set to close 56 more branches in the UK this year citing changing customer behaviour…

Klarna launches in Australia with CBA

Commonwealth Bank customers will be able to benefit immediately from using one of the world’s largest and most innovative buy…

Starwood to launch $485m takeover bid for Australian Unity Office Fund

US investment firm Starwood Capital Group revealed plans to launch an all-cash takeover bid of $485m to Australian Unity Office…

MoneyGram further expands account deposit services with launch in Ukraine

MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, announced today that it is partnering with…

CenterState, South State to create $6bn southeast regional bank in US

US bank holding companies CenterState Bank Corporation and South State have signed an all-stock merger of equals agreement in a…

CaixaBank and ‘Plug and Play’ create start-up collaboration programme to boost innovation in fintech services

CaixaBank, Spain’s leading retail bank, and global start-up platform Plug and Play join forces to drive innovation in the Spanish…

WEX to buy eNett and Optal to strengthen position in travel marketplace

WEX, a US financial technology service provider, has agreed to acquire eNett International and Optal for a combined price of…

Remitly partners with Alipay to offer international remittances

Remitly, the online money transfer service used by more than two million people globally, is announcing its collaboration with Alipay,…