BankingFeaturedFujitsu, BBVA collaborate to explore investment portfoliosInternational Finance Business DeskJuly 29, 2020July 29, 2020 by International Finance Business DeskJuly 29, 2020July 29, 2020 The IT firm seeks to determine whether Digital Annealer solution could exceed performance of traditional computing techniques in asset portfolio optimisation... Read more
BankingFeaturedOrange Money rolled out in West Africa in collaboration with NSIAInternational Finance Business DeskJuly 28, 2020 by International Finance Business DeskJuly 28, 2020 French telecom giant Orange seeks to expand into Burkina Faso, Mali and Senegal... Read more
BankingFeaturedAbu Dhabi Commercial Bank to let go 400 employeesPritam BordoloiJuly 28, 2020 by Pritam BordoloiJuly 28, 2020 The bank decides to cut costs amid lower oil prices and the Covid-19 crisis... Read more
BankingFeaturedCitibank appoints new Southeast Asia chairmanPritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman... Read more
BankingFeaturedBTG Pactual seeks to raise $380 mn with share saleInternational Finance Business DeskJuly 23, 2020 by International Finance Business DeskJuly 23, 2020 BTG Pactual is is the largest investment bank in Latin America... Read more
BankingFeaturedIFC to provide $50 mn loan to Equity Bank KenyaInternational Finance Business DeskJuly 23, 2020 by International Finance Business DeskJuly 23, 2020 International Finance Corporation's portfolio in Kenya recorded $884 million as of June 30, 2020... Read more
BankingFeaturedSingaporean digital banking company Percipient secures $5 mn fundingPritam BordoloiJuly 22, 2020July 22, 2020 by Pritam BordoloiJuly 22, 2020July 22, 2020 The funding round was led by Silicon Valley-based venture capital company Stat Zero... Read more
BankingFeaturedMonzo relaunches Monzo Plus; seeks to diversify revenue streamsInternational Finance Business DeskJuly 16, 2020 by International Finance Business DeskJuly 16, 2020 Monzo Plus is offered at $6.30 per month and has additional benefits such as 1 percent interest on balances of up to £2000 and credit score checks... Read more
BankingFeaturedADBC signs MoU with Tencent to leverage its cloud technologyPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020 We will see collaborations on cloud-based financial services and joint innovations towards a data-driven digital bank... Read more
BankingFeaturedCredit Suisse signs strategic deal with Modalmais to buy up to 35% stakeInternational Finance Business DeskJuly 6, 2020July 6, 2020 by International Finance Business DeskJuly 6, 2020July 6, 2020 It is reported that the deal values the firm at approximately 5 billion Brazilian reais... Read more