All articles by BV Swagath
Invesco acquires asset manager OppenheimerFunds from MassMutual
The acquisition of OppenheimerFunds has expanded the total assets under management (AUM) of Invesco to $1.2trillion (£0.94trillion). OppenheimerFunds was acquired…
Standard Chartered launches Trade AI Engine to automate trade document processing
By increased efficiency in operations and strengthened operational control, Trade AI Engine is expected to improve the client experience in…
Nuvei to acquire payments tech company SafeCharge for £699m
The acquisition of the UK-based SafeCharge is planned to be carried out by Nuvei Bidco, a wholly-owned indirect subsidiary of…
Broadridge to acquire Canadian wealthtech firm RPM Technologies for £237m
RPM Technologies is engaged in providing enterprise wealth management software solutions and services to Canadian banks and wealth management companies.…
NXGEN acquires Kentucky-based payments firm Payment Plus
Founded in 1999, PPI is an electronic payment processing provider, headquartered in Paducah. It provides electronic payment processing services and…
Bank of America Merchant Services to provide payment processing for Sezzle
Sezzle will use Bank of America Merchant Services’ global payment platform powered by Visa’s CyberSource. “We’re thrilled to provide our…
JPMorgan Chase to acquire healthcare payments company InstaMed
The financial services giant said that the acquisition of InstaMed will grow its suite of payment services, which are specifically…
Field & Main Bank opens first full-service banking centre in Lexington, Kentucky
The new Field & Main banking center is located in the heart of downtown Lexington at 369 E. Main Street.…
Goldman Sachs to buy wealth management firm United Capital for $750m
Headquartered in California, United Capital provides wealth management and financial advisory services from more than 90 offices in the US.…
Marlin Equity Partners announces strategic minority investment by Blackstone
Blackstone’s Strategic Capital Group is part of Blackstone Alternative Asset Management (BAAM) and specializes in minority partnerships with leading alternative…