Credit Suisse to pay $475m to settle charges in Mozambican scandal
The investment bank has also agreed to write off $200m of debt owed by the Republic of Mozambique,…
HSBC to Launch Banking as a Service
20 Oct 21HSBC is working with Oracle NetSuite to embed its corporate banking solutions into NetSuite cloud ERP
Pismo Raises $108 Million Series B Led by SoftBank, Amazon and Accel to Enable Cloud-Native Financial Services Globally
20 Oct 21Investors also include B3, Falabella Ventures, Headline, PruVen and Redpoint eventures
Germany’s N26 raises over $900m funding at $9bn valuation
19 Oct 21The company intends to use the funding to strengthen its work force with 1,000 new members, and focus…
TD Bank Strengthens Investment Advice Offerings with Launch of Robo-Advisor
19 Oct 21Both offerings provide clients access to TD Strategic Portfolios – seven globally diversified portfolios of exchange traded funds…
First Bancorp Completes Acquisition of Select Bancorp
19 Oct 21Select Bancorp shareholders will receive 0.408 shares of First Bancorp common stock for each share of Select Bancorp…
Goldman Sachs reports 63% increase in Q3 2021 net earnings
18 Oct 21Goldman Sachs attributed the rise in its net earnings to stable equity markets, high yields from government bonds,…
Klarna expands and strengthens UK offering including launch of ‘Pay Now’ immediate payments
18 Oct 21Pay Now is launched alongside a package of consumer-focussed changes to drive up standards across the UK consumer…
Global payments leader, SumUp, acquires US payments and marketing platform, Fivestars, for $317m
18 Oct 21Europe’s leading fintech scales its operations within the U.S. through the acquisition of America’s largest local commerce network
JPMorgan Chase reports 24% increase in Q3 net income
14 Oct 21The company attributed the increased net income to credit reserve releases, income tax benefit, along with high Investment…