Company Statements
Americas
Old Second Announces Strategic Acquisition Of Greater Chicago Financial Corp.
Old Second Bancorp, Inc. and Greater Chicago Financial Corp. jointly announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Old Second Bancorp, Inc. will acquire Greater Chicago Financial Corp. and its wholly-owned bank subsidiary,...
Company Statements
Social Impact Banking UniCredit launches new programme to help develop a more equitable and sustainable society
UniCredit launched Social Impact Banking, its new programme to foster positive social impacts by supporting individuals, micro-enterprises and social initiatives.
The programme, which is initially available in Italy and will eventually be rolled out to the other countries of the...
Company Statements
Qatar Re, reinsurance arm of QIC wins Bond deal of the Year award
Qatar Reinsurance Company, Qatar Re, the reinsurance arm of Qatar Insurance has won the much coveted Bond / Sukuk deal of the Year by Debut Issuer award at the Bonds, Loans & Sukuk Middle East Awards ceremony that was...
Company Statements
Zurich enters agreement to acquire ANZβs life insurance businesses in Australia
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.
βANZβs portfolio of non-traditional and profitable retail products fits well with...
Company Statements
Raymond James adds Dirk Damegger to the Global Consumer and Retail Investment Banking team
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,...
Company Statements
Rpa could be the next gold rush as financial institutions start to see its business value
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...
Company Statements
SWIFT launches new cloud-based solution to enhance correspondent banking activities
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...
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