Tier1 acquires compliance and fraud prevention solution Alessa
With the acquisition of Alessa, Tier1 will expand its portfolio of digital transformation solutions for client engagement, operational…
Citi reports 7% decline in Q4 2020 net income
18 Jan 21Citi attributed the decrease in net income to the reduction in revenues, increase in expenses, and an increase…
Capital One fined $390m for violating US anti-money laundering law
18 Jan 21Capital One admitted that it willfully failed to implement and maintain an effective Anti-Money Laundering (AML) programme to…
EC gives conditional approval to LSEG’s $27bn acquisition of Refinitiv
15 Jan 21LSEG expects to close the acquisition in Q1 2021 after securing other merger control and financial regulatory authority…
Rapyd secures $300m funding to expand global payments offering
15 Jan 21The company will use the proceeds from financing round to expand its global fintech and payments platform and…
BancorpSouth Bank to acquire FNS Bancshares for $108m
15 Jan 21The deal is expected to allow BancorpSouth Bank to make an entry into Georgia and expand its presence…
Citi unifies global wealth management business
15 Jan 21Citi Global Wealth to deliver full spectrum of products and services globally
TD Bank Group to acquire Wells Fargo’s Canadian Direct Equipment Finance Business
15 Jan 21The acquisition is expected to strengthen and expand TD Business Banking capabilities across Canada
Visa, Plaid abandon $5.3bn merger following US DOJ’s antitrust lawsuit
13 Jan 21The payment firms reached an agreement with the Department of Justice to dismiss the litigation pertaining to their…
CME Group, IHS Markit to form joint venture for post-trade services
13 Jan 21CME Group, IHS Markit will incorporate their Traiana, TriOptima and Reset and MarkitSERV businesses respectively, into the new…
