Banking

The Japanese bank, through the alliance with OCB Bank, plans to promote new investment banking and on-line banking operations in Vietnam. Aozora Bank, a Japanese commercial bank, is set to acquire a stake of 15% in Vietnamese mid-sized bank Orient...

TCF National Bank (TCF Bank) has agreed to offload its branches in Arizona along with its deposits and certain related assets to Alaska USA Federal Credit Union for an undisclosed amount. The transaction will involve TCF Bank’s seven branches in...

THL Credit specialises in the management of tradable credit and direct lending to middle-market firms First Eagle Investment Management, a New York-based investment management firm, has agreed to acquire THL Credit Advisors, an alternative credit manager, for an undisclosed price. Based...

The partnership with Bud will see HSBC implementing the technology in its challenger brand ‘first direct’ HSBC has signed a three-year global partnership with London-based fintech Bud, under which the bank will have access to Bud’s Open Banking aggregation, data...

FlexPay delivers the world's highest AI-driven decline salvage rates for eCommerce subscription-based merchants, by pairing powerful technology with proprietary data FlexPay—which uses AI and machine-learning to help merchants recover lost revenues from declined transactions—is proud to announce they raised $6...

The proposed acquisition is expected to provide Nomura’s existing client base with additional access to deep domain expertise. Japanese financial firm Nomura will acquire Greentech Capital Advisors, an investment banking firm that serves clients across energy, industrial, and resource infrastructure. The...

Designed to be a single connection that brings together multiple payment types, Mastercard Track Business Payment Service is expected to give greater control and richer data to optimise B2B transactions for suppliers and buyers Mastercard revealed its plans to modernise...