Philippines’ first digital bank Tonik to go live in July
Tonik is 60% owned by Tonik Financial while the remaining 40% is owned by two Singaporean family offices...
Category : Featured
GCC real estate investments reach $1 trillion by early 2020
The region’s real estate market is expected to rebound in 2020 or 2021...
UBS CEO Sergio Ermotti to become Swiss Re chairman
Sergio Ermotti is due to step down as chief executive of UBS Group in November...
MTN subscriber base reaches 64.3 mn in 2019
Active subscribers also rose to 25.2 million, representing a 34.9% increase from 2018...
South Africa’s King Price buys Stangen, targets life insurance
King Price bought Stangen from African Phoenix Investments for R140 mn...
Healthcare investor Quadria raises $595 mn in second fund closing
The amount raised in the second fund exceeded its initial target of $400 million...
Lloyd’s crypto-insurance policy to protect investors against hacks
Lloyd's syndicate Atrium developed the policy in collaboration with Coincover...
Localisation of Kenya’s SGR operations reach 80%
The SGR line was launched in 2014 to connect Kenya, Uganda, Rwanda and South Sudan...
National Bank of Fujairah and Ripple to facilitate cross border payments
The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank...
HSBC combines wealth and retail banking to create new global business
The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally...