Company Statements

The transaction price comprises AUD 1 billion of upfront reinsurance commissions, expected to be paid subject to regulatory approval in May 2018 with the remaining balance paid on completion. “ANZ’s portfolio of non-traditional and profitable retail products fits well with...

Raymond James European Investment Banking is further expanding its market presence in Germany. Dirk Damegger will join the Global Consumer & Retail Investment Banking team as Managing Director on December 1. Damegger is joining from IKB Deutsche Industriebank AG,...

Capco, a leading management consultancy focused on the financial services industry, announced the publication of the 46th edition of the Capco Institute Journal of Financial Transformation. Published in association with the Henley Business School, this edition of the Journal...

SWIFT has launched a Correspondent Banking Suite that provides a single solution for banks seeking cost-effective access to SWIFT while increasing the efficiency and security of their correspondent banking activities. Small to medium sized banks face a combined pressure of...

PayPal Holdings, Inc. and Synchrony Financial announced an agreement to significantly expand their strategic consumer credit relationship. Under the terms of the transaction, Synchrony Financial will acquire $6.8 billion in receivables, including PayPal’s U.S. consumer credit receivables portfolio, which...

Today at the Money 20/20 USA conference, Samsung SDS America showcases its authentication technologies, including Samsung SDS Nexsign™, with leading partners in the financial industry, illustrating the latest innovations that use advanced mobile technologies to improve security and enhance...

GSO Diamond Portfolio Fund LP , a newly formed $950 million investment fund sponsored by GSO Capital Partners LP, the global credit investment platform of Blackstone, successfully closed on the previously announced acquisition of approximately $2.4 billion in corporate...