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Singapore-based ridesharing company Grab Holdings and Singapore Telecommunications (Singtel) have established a consortium to apply for a digital full bank licence in Singapore. The proposed digital bank is
Eastspring Investments has completed the acquisition of 50.1% stake in Thailand-based mutual fund manager Thanachart Fund Management (TFUND) from Thanachart Bank (TBANK) and the Government Savings Bank. TFUND,
The UK’s HM Treasury (Exchequer) has announced the appointment of Andrew Bailey as the next Governor of Bank of England (BoE), the central bank of the UK, succeeding
Evans Bancorp and FSB Bancorp jointly announced the execution of a definitive merger agreement whereby Evans will acquire FSB for $17.80 per share for total consideration of approximately
Swiss banking software firm Temenos has introduced two wealth management apps, Robo-Advisor and Goal-Based Investing, to support its Temenos Infinity for Retail Banking. Temenos Infinity for Retail Banking,
CNB Financial Corporation (NASDAQ: CCNE), the parent company of CNB Bank, today announced that it has entered into a definitive agreement to acquire Bank of Akron (OTC: BARK)
The Board of ANZ Bank New Zealand Ltd (ANZ NZ) today announced Antonia Watson has been appointed as the company’s Chief Executive Officer. Ms Watson, who has received
Denmark-based investment bank Saxo Bank and Geely Sweden Holdings, a subsidiary of Zhejiang Geely, have signed an agreement to establish a technological joint venture (JV) to provide financial
QNB Group, the largest financial institution in the Middle East and Africa, has announced the launch of its global innovation centre, QNBeyond, based in Istanbul, Turkey. QNBeyond’s goal
Citi and PayPal have announced the expansion of their collaboration to enable Citi’s institutional clients to make payments into customers’ PayPal digital wallets. The partnership is aimed at