All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
Worldline announces partnership with risk expert RiskQuest BV to provide best-in-class credit checking
Zanders is a global independent treasury and risk consulting firm with 30 years of experience in providing innovative solutions to multinational corporations, financial institutions, public sector entities and NGOs
URBN partners with Stripe to power online and in-person retail payments
URBN will use Stripe Connect to facilitate payments between third-party merchants and buyers on their brand marketplaces, which host independent apparel brands
Wintrust to acquire Michigan-based Macatawa Bank for $510m
Established in 1997, Macatawa Bank is a Michigan state-chartered bank that operates a network of 26 full-service branches and had around $2.7bn in assets, $2.4bn in deposits and $1.3bn in loans, as of 31 December 2023
BNY Mellon partners with Accenture to boost financial services offering
The collaboration will combine Accenture’s data, AI, and platform engineering expertise with BNY Mellon’s financial data and analytics services, with an initial focus on the development and delivery of data management and analytics products
HSBC to sell its Argentinian banking business to Galicia for $550m
Grupo Financiero Galicia will purchase all of HSBC Argentina’s business operations, including banking, asset management and insurance, along with $100m of subordinated debt issued by HSBC Argentina and held by other HSBC entities
Zand Bank taps Infosys Finacle to boost corporate banking services
Infosys Finacle’s advanced cloud-native corporate banking solutions on Microsoft Azure, with modular framework and features, including an array of Open APIs, will provide Zand with a new-age banking experience, powered by AI and predictive analytics
Manulife completes acquisition of UK-based asset manager CQS
Manulife | CQS Investment Management is a multi-sector alternative credit manager that aims to build partnerships with investors, generate long-term risk-adjusted returns, and deliver service across various return objectives and risk appetites
Nuvei to be acquired and taken private by Advent in $6.3bn deal
The holders of each company’s multiple voting shares, Philip Fayer, funds managed by Novacap Management and CDPQ, which collectively represent around 92% of the voting power, will support the proposed transaction
RBC completes $10bn acquisition of HSBC Bank Canada
Canadian lender Royal Bank of Canada has completed its previously announced C$13.5bn ($9.96bn) acquisition of HSBC’s Canadian unit HSBC Bank…
UBS to sell Credit Suisse’s $8bn loan portfolio to Apollo
Swiss investment banking company UBS has agreed to sell Credit Suisse’s former Securitised Products business Atlas to US-based asset management…