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Emirates NBD to buy Turkey’s Denizbank for $3.2bn
By BBR Staff Writer
Dubai-based Emirates NBD Bank has agreed to purchase Sberbank of Russia’s 99.85% stake in Turkey-based Denizbank for around TRY14.6bn ($3.2bn).
Banking Services > Retail Banking > News
smartTrade introduces cryptocurrency trading on FX platform
Multi-asset electronic trading solutions provider smartTrade Technologies has launched cryptocurrency trading on its FX Trading Platform.
Banking Services > Retail Banking > News
Macquarie to combine private bank and private wealth businesses
By BBR Staff Writer
Macquarie Group’s Banking and Financial Services group (BFS) has unveiled plans to combine its private bank and private wealth businesses and concentrate on high net-worth clients.
Banking Services > Retail Banking > News
Infosys Finacle forms blockchain-based trade network in India
Infosys Finacle, a subsidiary of Infosys, has formed India Trade Connect, a blockchain-based trade network in the country by partnering with Axis Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, South Indian Bank and Yes Bank.
Banking Services > Retail Banking > News
More than half of bank salespeople spend quarter of time onboarding new client organisations
Research findings published by the Global Legal Entity Identifier Foundation (GLEIF) revealed that six in 10 (57%) senior salespeople in banking spend more than 1.5 days of their week (27% of their working week) onboarding new client organizations.
Banking Services > Retail Banking > News
Broadridge acquires Irish firm FundAssist
By BBR Staff Writer
Broadridge Financial Solutions has acquired Ireland-based regulatory, marketing and sales solutions service provider, FundAssist, for an undisclosed sum.
Banking Services > Retail Banking > News
BlackRock to sell mutual fund business in India
By BBR Staff Writer
US-based investment management firm BlackRock has agreed to divest its 40% stake in DSP BlackRock Investment Managers to its joint venture partner The DSP Group.
Banking Services > Retail Banking > News
Morningstar launches investment analysis platform for wealth management
Morningstar has launched Morningstar Direct for Wealth Management, a software solution enabling collaboration across the enterprise.
Banking Services > Retail Banking > News
Taaleri to buy Finnish robo-advisor wealth management firm Evervest
By BBR Staff Writer
Taaleri Wealth Management has agreed to acquire Finnish robo-advisor wealth management firm, Evervest, for an undisclosed sum.
Banking Services > Retail Banking > News
FVCBankcorp to buy Colombo Bank
FVCBankcorp (FVCB) has agreed to acquire Colombo Bank (Colombo) under a cash and stock transaction worth about $33.3m.
Banking Services > Retail Banking > News
Standard Bank implements RiskIQ solution to tackle cyber threats
Standard Bank has deployed RiskIQ product suite to improves digital asset management and threat protection.
Banking Services > Retail Banking > News
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 reporting software.
Banking Services > Retail Banking > News
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 offering of liquidity-seeking and benchmark strategies designed specifically for institutions.
Banking Services > Retail Banking > News
Societe Generale Securities Services launches complete front to back solution
Societe Generale Securities Services (SGSS) has combined its existing front, dealing, middle and back office services into one plug-and-play solution that lets clients focus on their main activities: asset selection, performances and distribution to their clients.
Banking Services > Retail Banking > News
Wealthify online investment service now available on Starling Bank’s Marketplace
Wealthify's online investment service is now available on Starling’s in-app ‘Marketplace’, which will give users easy access to a range of digital financial services on their mobile device.
Banking Services > Retail Banking > News
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