Finance

Scotiabank To Buy 51% Controlling Stake In Banco Cencosud

Scotiabank’s Peruvian subsidiary Scotiabank Peru has agreed to acquire a 51% controlling stake in Banco Cencosud, whic... Read more

DTCC To Launch First Phase Of Settlement Optimization

The Depository Trust & Clearing (DTCC), a US-based post-trade financial services firm, is planning to launch first p... Read more

BlackRock To Sell Mutual Fund Business In India

US-based investment management firm BlackRock has agreed to divest its 40% stake in DSP BlackRock Investment Managers to... Read more

Morningstar Launches Investment Analysis Platform For Wealth Management

Morningstar has launched Morningstar Direct for Wealth Management, a software solution enabling collaboration across the... Read more

Cathay Capital, Bpifrance To Buy Financial Software Firm NeoXam

Cathay Capital, along with Bpifrance, has agreed to purchase a majority stake in French financial software firm NeoXam f... Read more

Taaleri To Buy Finnish Robo-advisor Wealth Management Firm Evervest

Taaleri Wealth Management has agreed to acquire Finnish robo-advisor wealth management firm, Evervest, for an undisclose... Read more

Standard Bank Implements RiskIQ Solution To Tackle Cyber Threats

Standard Bank has deployed RiskIQ product suite to improves digital asset management and threat protection. Read more

FVCBankcorp To Buy Colombo Bank

FVCBankcorp (FVCB) has agreed to acquire Colombo Bank (Colombo) under a cash and stock transaction worth about $33.3m. Read more

Oddo BHF Asset Management Merges With Frankfurt-Trust Investment

Franco-German financial group Oddo BHF has merged its Oddo BHF Asset Management (Oddo BHF AM) with Frankfurt-Trust Inves... Read more

Goldman Sachs To Pay $109.5m In Fines For Improper Foreign Exchange Trades

Goldman Sachs has agreed to pay about $110m in fines to settle allegations of unsafe and unsound conduct in its foreign ... Read more

CKV Spaarbank Selects Wolters Kluwer For Regulatory Reporting

Belgium-based CKV Spaarbank has selected Wolters Kluwer’s OneSumX to provide its regulatory reporting and financial re... Read more

Liquidnet Announces Two Enhancements To Next Gen Algo Suite

Global institutional trading network Liquidnet has announced two new enhancements to its Next Gen Algo suite, an offerin... Read more

RBS Profit Triples To £792m In Q1

Royal Bank of Scotland (RBS) has posted a profit £792m in the first fiscal quarter of this year, which was triple compa... Read more

StarCapital Plans To Acquire Mars Asset Management

StarCapital, a subsidiary of Bellevue Group, is planning acquire Mars Asset Management, a Germany-based company. Read more

Avaloq Buys 10% Stake In Blockchain And Crypto-currency Specialist Metaco

Swiss fintech firm Avaloq has purchased a 10% interest in blockchain and crypto-currency specialist, Metaco, for an undi... Read more