Americas

Munich Re has announced an agreement to acquire At-Bay, a US-based insurtech company specialising in cyber insurance and proactive cybersecurity solutions for small and medium-sized enterprises. The cyber insurance acquisition values At-Bay at an enterprise value of $575 million...

A consortium of 20 lenders has assembled an estimated $18 billion project finance package to support development of a data center campus connected to Oracle Corp., adding another financing effort to support artificial intelligence infrastructure boom. Reports suggest that Sumitomo...

U.S. Bank has unveiled the U.S. Bank Split™ World Mastercard, a new credit card designed to simplify how consumers manage purchases through automatic no-fee, no-interest monthly payments. Unlike standard Buy Now, Pay Later (BNPL) programs, the U.S. Bank Split...

The Federal Reserve Board has approved final amendments to its supervisory rating framework for large bank holding companies. The finalized version largely mirrors the proposal issued in July, with refinements intended to provide a more accurate reflection of banks’...

JPMorganChase unveiled the Security and Resiliency Initiative, a $1.5 trillion, decade-long plan aimed at financing, investing in, and supporting industries critical to national economic security and resilience. As part of this program, the firm will make direct equity and...

Citi Investor Services has launched its Single Event Processing (SEP) technology in North America, bringing real-time transaction capabilities and enhanced operational efficiency to the region. The platform, which was first introduced in select European markets, allows for real-time processing...

The U.S. Securities and Exchange Commission (SEC) indicated a change for the investment world by paving the way for fund managers to bring exchange-traded fund (ETF) share classes into mutual funds. The action, set to kick-start approvals for several...