Financing

Texas Capital Bancshares and Independent Bank Group have mutually scrapped their previously announced $5.5bn merger deal owing to the impact of the Covid-19 pandemic on global markets. The Texan bank holding companies also said that the pandemic has a significant...

IHS Markit, a world leader in critical information, analytics and solutions, announced the acquisition of Catena Technologies (Catena), a global regulatory trade reporting firm based in Singapore. “The acquisition of Catena is a logical extension of IHS Markit’s strategy to...

Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, is pleased to announce it has acquired the entire issued share capital of Velocimetrics Limited, a UK-based network monitoring and trade analytics software company , for...

Fast, the world’s fastest online login and checkout experience, today announced a $20 million Series A funding round led by Stripe, with additional participation from existing investors Index Ventures and Susa Ventures. Fast will use the investment to accelerate...

Wells Fargo Asset Management (WFAM) announced the launch of the Wells Fargo Municipal Sustainability Fund, highlighting WFAM’s commitment to provide clients innovative solutions and play a leading role in sustainable investing. The Municipal Sustainability Fund utilizes a municipal bond assessment...

HSBC UK has launched the Coronavirus Business Interruption Loan Scheme (CBILS), which can be availed by existing customers with a group turnover of up to £45m HSBC UK said that it has extended financial support for businesses dealing with the...

The EBRD and Piraeus Bank Ukraine (PBU) are supporting the development of Ukraine’s small and medium sized enterprises (SME) with new financial products designed to reduce project and currency exchange associated risks. The financing package arranged by the EBRD for...