Bank of America reaches $1.8bn settlement with Ambac to resolve RMBS case

By NS Banking Staff Writer

10 Oct 22

The settlement concludes BofA’s residential mortgage-backed securities (RMBS) case related to Countrywide, which collapsed during the mortgage crisis,…

Banking ServicesPrivate Security

ECB and US Securities and Exchange Commission sign MoU on security-based swap entities

By NS Banking Staff Writer

17 Aug 21

Agreement represents step forward in supervisory cooperation of cross-border over-the-counter derivatives markets

Banking ServicesPrivate Security

AMP to sell 60% stake in private markets businesses to Ares for $1bn

By NS Banking Staff Writer

26 Feb 21

AMP Capital’s private markets businesses include infrastructure equity and infrastructure debt, real estate and other minority investments businesses

Banking ServicesPrivate Security

Disposal and state-guaranteed (GACS) securitisation of bad-loan portfolio of parent company

By NS Banking Staff Writer

21 Dec 20

The securitisation vehicle has today issued senior notes equivalent to 81% of the portfolio price and subordinated notes…

Banking ServicesPrivate Security

UBS and GitLab enter into multi-year strategic collaboration

By NS Banking Staff Writer

27 Aug 20

The collaboration with GitLab is expected to help UBS in modernising its cloud based software development lifecycle

Banking ServicesPrivate SecurityBanking Technology

Brink’s to acquire majority stake in cash operations business of G4S for $860m

By NS Banking Staff Writer

28 Feb 20

The deal is expected to add 14 new markets to The Brink’s existing footprint

Banking ServicesPrivate Security

ICICI Bank reports 24% increase in core operating profit for Q3 2020

By NS Banking Staff Writer

27 Jan 20

The bank’s profit before tax had grown by 187% year-on-year basis to INR54.65bn ($766m) in the quarter

Banking ServicesPrivate Security

Accenture collaborates with JPMorgan Chase to create flagship branch

By rdharma

27 Jun 19

Accenture has collaborated with JPMorgan Chase (JPMC) to design its new flagship retail store within its global headquarter…

Banking ServicesPrivate Security

Standard Chartered to divest private equity business for $1bn

By NS Banking Staff Writer

18 Dec 18

Intermediate Capital Group’s ICG Strategic Equity has agreed to acquire Standard Chartered’s private equity business in a deal…

Banking ServicesPrivate Security

MuchBetter releases Bank-in-a-box fully managed solution

By NS Banking Staff Writer

30 Nov 18

MuchBetter, a UK-based challenger payment company, has launched Bank-in-a-box solution, which allows organizations to launch branded production wallets…

DisruptorsPrivate Security