Banking
HSBC chairman decides to cut down the size of its board to one-third
The new chairman of HSBC Holdings is preparing sweeping changes in the boardroom of Europe's biggest lender that will involve roughly one-third of its directors heading for the exit.
Sky News has learnt that three of HSBC's non-executive directors, including...
Asia Pacific
Allianz Indonesia accounts record growth of 16.12% in 2017
Life insurance company Allianz Life Indonesia has recorded year-on-year (yoy) asset under management (AUM) growth of 16.12 percent.
Allianz Life Indonesia chief investment officer Ni Made Daryanti said on Thursday that the company's AUM reached Rp 36.81 trillion (US$2.58 billion)...
Banking
LiveBank chosen by Piraeus Bank for launching virtual branch
Since 2017 Piraeus Bank has used the LiveBank solution within its fully automated e-branches. The system runs in VTS kiosks located in e-branches, which bridge the gap between the bank’s physical branches and its online/mobile banking system, with full...
Europe
Harrison Real Estate Capital advised by DLA Piper on £40 million student accommodation joint venture with Linkcity
DLA Piper has advised real estate private equity firm Harrison Street Real Estate Capital LLC (Harrison Street) on the establishment of a joint venture with LinkCity, a wholly owned subsidiary of Bouygues UK, for the development of a 435...
Banking
The best trade finance bank in Bulgaria is Unicredit Bulbank
According to Global Finance 2018 trade finance survey:
UniCredit Bulbank is the Best Trade Finance Bank in Bulgaria
UniCredit won the award in Austria and Croatia, too, as well as the regional award for Central and Eastern Europe.
UniCredit Bulbank is the...
Financials
Acquisition of majority stake in Payvision makes ING invests additionally
ING has reached an agreement to acquire a 75% stake in Payvision, a fast-growing, leading international omnichannel payments service provider. Payvision has a total value of EUR 360 million. The transaction will enable ING to strengthen its footprint in...
Banking
Euromoney named Santander Private Banking as the best private bank in Mexico, Portugal and Chile
Santander Private Banking was named ‘Best Private Banking Overall’ for the first time in Mexico, the seventh year in a row in Portugal and the sixth consecutive year in Chile by Euromoney magazine. It was also named best bank...
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