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Australian asset management company Link Group has agreed to acquire Pepper European Servicing (PES), a loan servicing business, from Pepper Group for €165m. Headquartered in London, PES offers
TSB Bank, a subsidiary of Banco Sabadell, has posted a profit before tax of £46mfor last year, recovering from the losses made in the previous year. The UK
Spanish multinational bank Banco Santander has earned total revenues of €49.49bn ($54.53bn) in 2019, with an attributable profit of €6.51bn ($7.18bn). The operating expenses of Banco Santander increased
French banking company Crédit Agricole has agreed to acquire a majority stake in fintech firm Linxo Group. Founded in 2010, Linxo Group is one of the major players
UK-based B2B cross-border payments services provider Currencycloud has secured $80m in Series E funding round that saw the participation of Visa. Other organisations which participated in Currencycloud funding
Indian private bank ICICI Bank has announced a core operating profit of INR70.17bn ($983m) for the third quarter ending 31 December 2019, up 24% compared to the same
Bank of Montreal (BMO Financial Group) has agreed to acquire Clearpool Group, a New York-based electronic trading solutions provider, for an undisclosed amount. The deal is expected to
French asset management company Amundi has entered into an agreement with Banco Sabadell to acquire 100% stake in Sabadell Asset Management for €430m. The two companies have also
Belgian bank KBC has introduced a new digital robotised investment assistant Matti that offers automatic monitoring of investment portfolios of clients. The smart assistant is available for both
National Bank of Bahrain (NBB) has announced the results of its offer to acquire 100% of shares in Baharin Islamic Bank (BisB), after its initial offer was opened