All articles by BV Swagath
BV Swagath
Jaja to acquire Bank of Ireland UK’s credit card portfolio for £530m
The transaction undertaken by Jaja and the private equity firms involves the existing Bank of Ireland UK, Post Office and…
LGT acquires majority stake in Indian wealth manager Validus Wealth
This transaction will enable LGT to gain a foothold in India’s up-and-coming market for high-net-worth private clients. The Indian wealth…
Valley National Bancorp to acquire Oritani Financial for £584m
Oritani Financial is the holding company for Oritani Bank, a state chartered bank, which offers a range of retail and…
Pineapple Payments acquires merchant services company CardChamp
CardChamp will join forces with Pineapple Payments, working out of its downtown Pittsburgh headquarters. Building on its foundation that merchants…
Oriental Bank to buy Scotiabank’s operations in Puerto Rico and US Virgin Islands
The Puerto Rico operation of Scotiabank is being acquired for $550m (£433.9m), while the US Virgin Island (USVI) branch operation…
AxiomSL partners with Refinitiv for global shareholding disclosures data enrichment
Combining AxiomSL’s robust Global Shareholding Disclosures (GSD) solution with Refinitiv’s reference data enables Financial Institutions (FIs) to automatically enrich their…
Visa to acquire token services and ticketing business of Rambus
The Rambus assets involved in the acquisition, which were previously called Bell ID and Ecebs, offer mobile payments, account tokenisation,…
KBC Bank Ireland closes sale of legacy corporate loan portfolio to Bank of Ireland
The transaction has a negligible impact on KBC Group’s P&L and capital ratio. It also further solidifies KBC Bank Ireland’s…
Cross River Bank acquires small business banking platform Seed
Seed offers banking account and Visa Business Debit Card to its customers along with in-built tools for easily managing business’s…
Bank of Scotland fined £45.5m by FCA for failing to check fraud
FCA ruled that Bank of Scotland was not open and cooperating and that it failed to appropriately reveal information to…