All articles by BV Swagath
BV Swagath
Virgin Money’s annual profit plunges by 77% to £124m
Virgin Money has reported a profit before tax of £124m in the fiscal year 2020, which is 77% lower compared…
Worldline and Nets become shareholders of the EPI Interim Company
In July 2020, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain)…
Stanhope Capital, FWM sign merger deal to create $24bn wealth manager
UK-based Stanhope Capital Group has signed a merger deal with FWM to create a $24.2bn global wealth management and advisory…
Barclays announces new trade finance platform for corporate clients
Barclays Corporate Banking has today announced that it is working with CGI to implement the CGI Trade360 platform. This new…
BlackRock to acquire index equity solutions provider Aperio for $1bn
BlackRock has signed an all-cash deal worth $1.05bn to acquire Aperio, a provider of personalised index equity solutions, from the…
UBS launches a virtual credit card and an environmentally friendly credit card made of corn
Shopping habits have changed dramatically – many more people now order products online and have their orders delivered to their…
Western Union to buy stake in Saudi fintech company stc pay for $200m
Western Union has agreed to acquire a 15% stake in Saudi Digital Payments (stc pay) from Saudi Telecom for $200m,…
Wemlo introduces AI to mortgage processing
wemlo, an innovative fintech company that provides third-party mortgage loan processing services has launched ATHENA, the new technology logic and…
Nasdaq to buy anti-financial crime solutions provider Verafin for $2.7bn
US stock exchange group Nasdaq has agreed to acquire Verafin, a Canada-based provider of anti-financial crime management solutions, for $2.75bn…
ICICI Bank launches cardless EMI facility in India
Indian private sector bank ICICI Bank has introduced a new fully digital mode of payment at major retail stores in…