Financing
BlackRock and KKR clinch $4 billion infrastructure investment deal with ADNOC in regional first
Investing giants BlackRock and KKR signed a $4 billion agreement with Abu Dhabi's National Oil Company (ADNOC) to become the first institutional investors joining forces with a national oil producer in the Middle East.
The deal represents a landmark partnership...
Asset Management
Fineco selects SGSS for fund admin and transfer agency services
Societe Generale Securities Services (SGSS) has been chosen by Fineco Asset Management to act as its local transfer agent in Italy for its foreign funds.
SGSS will also provide Fineco Asset Management with depositary and trustee services, fund administration and...
Cards & Payments
UATP, Conferma Pay enable virtual card payments for airlines
UATP, a global payment solution owned by the world’s airlines, has teamed up with Conferma Pay to facilitate virtual card payments for airlines. The tie-up will enable UATP customers to use virtual payments through a global corporate travel ecosystem.
Integration...
News
KKR Completes Acquisition of Ramky Enviro Engineers
Global investment firm KKR and Ramky Enviro Engineers Limited , a leading provider of environmental services and solutions in India and overseas, announced the completion of their previously announced transaction. Under the terms of the transaction, KKR has acquired...
Banking
Deutsche Bank moves collateral infrastructure to the cloud
CloudMargin and Deutsche Bank have partnered to integrate the CloudMargin platform into Deutsche Bank’s collateral infrastructure. CloudMargin clients will be automatically connected to an online hub with a community of upstream and downstream partners who will add straight-through processing...
Cards & Payments
ACLEDA Bank, JCB launch co-branded debit card in Cambodia
Cambodian lender ACLEDA Bank has collaborated with JCB International , the international subsidiary of Japanese card issuer JCB, to introduce a co-branded debit card in Cambodia.
With the new ACLEDA JCB Debit Card, users can gain access to nearly 30...
Insurance
MetLife and DeNA Form Business Alliance
MetLife Insurance K.K. and DeNA Co., Ltd. have announced the formation of a business alliance to produce health-promotion insurance, and to provide services related to the maintenance and improvement of customers health.
We are now entering the era of the...
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