Financing

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 undisclosed sum. Intesa Sanpaolo has signed a share purchase agreement with JCF Tiger Holdings, the controlling...

According to UK Finance, the banking industry body, it is necessary for Britain to streamline its tracking of funds assigned for green investments in order to accurately determine the sum required from the private sector. Additionally, the body suggests that...

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 Trust is a financial institution engaged in providing licensed Web3 financial, regulatory and technology infrastructure...

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. The Dialogue, a platform for exchanging ideas and exploring opportunities for cooperation, focused on two...

Over the past three years, the global economy has faced several unexpected challenges. Emerging markets and developing economies are not only striving to revive their growth and achieve a full recovery but are also grappling with increasing debt levels...

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 its Arm unit. SoftBank’s founder and chief executive, Masayoshi Son, is now looking to invest tens...

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 Bank and Tesla were also among those attending the meeting, according to a statement by...