Deutsche Bank reports net profit of €309m in Q3 2020
The net revenues of the group increased by 13% in Q3 2020 to €5.93bn compared to Q3 2019
Reserve Bank of India imposes monetary penalty on Jio Payments Bank
29 Oct 20Issued by Reserve Bank of India Chief General Manager Yogesh Dayal
ANZ posts 40% drop in annual profit to $2.53bn
29 Oct 20The decline was primarily due to credit impairment charges of A$2.74bn ($1.93bn) as a result of the impact…
Spain’s Banco Santander posts €1.75bn net profit in Q3 2020
28 Oct 20For 9M 2020, the group reported a 40.8% decline in underlying attributable profit at €3.66bn compared to €6.18bn…
UBS launches new initiative to invest $200m in fintech firms
28 Oct 20The new initiative will mainly focus on direct investments into early stage fintechs and other relevant tech companies
US DOJ files enforcement action against Bain & Company as part of its investigation into Visa’s proposed acquisition of Plaid
28 Oct 20Petition against third party seeks to enforce compliance with the department’s civil investigative demand
DriveWealth lands $56.7m Series C funding round to bolster technology, support acquisition strategy
28 Oct 20DriveWealth, is a licensed carrying and self-clearing broker offering digital brokerage solutions to broker-dealers, advisors and online partners…
Visa to acquire financial solutions platform YellowPepper
28 Oct 20The acquisition will support Visa’s networks strategy and combine Visa Direct platform with YellowPepper’s capabilities
Ant to raise $34.4bn in world’s largest stock market debut
27 Oct 20Ant will be dual listed on Shanghai’s Nasdaq-style STAR Market and later Hong Kong, taking the company’s total…
HSBC reports 46% decline in Q3 2020 profit after tax at $2bn
27 Oct 20The banking group’s reported revenue dropped by 11% in Q3 2020 at $11.92bn
