Intesa Sanpaolo to expand in Romania through acquisition of First Bank
Italian banking company Intesa Sanpaolo has agreed to acquire Romania’s First Bank from the US-based private investment fund JC Flowers and Company for an...
Banks Demand Clarity On UK Funding Approach For Net Zero
According to UK Finance, the banking industry body, it is necessary for Britain to streamline its tracking of funds assigned for green investments in...
Crypto solutions provider Ripple agrees to acquire Fortress Trust
US-based enterprise blockchain and crypto solutions provider Ripple has agreed to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies, for an undisclosed sum.
Fortress...
UK And Singapore Chart Path To Sustainable Financial Future
The 8th UK-Singapore Financial Dialogue, which convened in London, represented a significant milestone in the ongoing collaboration between the United Kingdom (UK) and Singapore....
Reforming Regulations For Debt Reduction In Emerging Markets
Over the past three years, the global economy has faced several unexpected challenges. Emerging markets and developing economies are not only striving to revive...
SoftBank Eyes OpenAI Investment Amid Arm IPO Fever – FT
Japanese tech investment fund SoftBank is looking for deals in artificial intelligence, including a potential investment in ChatGPT-maker OpenAI, after the blockbuster listing of...
China Central Bank in Investment Talks with JPMorgan, HSBC
China’s central bank and forex regulator met foreign financial institutions including JPMorgan, HSBC on Monday as Beijing bids to revive foreign trade and investment.
Deutsche...
Goldman Sachs Joins Eurex Listed FX Futures Business
Eurex, the leading European derivatives exchange and part of Deutsche Börse Group, welcomes Goldman Sachs as a new member of its listed FX Futures...
RBC gets regulatory clearance for $10bn acquisition of HSBC Canada
The Canadian Competition Bureau has ruled that Royal Bank of Canada (RBC)’s C$13.5bn ($10bn) acquisition of HSBC’s banking business in Canada (HSBC Canada) is...
Startups Drive Financial Accessibility In Latin America
Latin America has recently undergone a transformative shift in financial accessibility, and the driving force behind this change has been the concerted efforts of...