BankingFeaturedMonzo launches current account services for SMEsPritam BordoloiMarch 17, 2020 by Pritam BordoloiMarch 17, 2020 The trial period lasted 12 months and saw the participation of 2500 businesses... Read more
FeaturedLogisticsXPO to acquire Kuehne+Nagel’s non-core UK logistics assetsPritam BordoloiMarch 11, 2020March 11, 2020 by Pritam BordoloiMarch 11, 2020March 11, 2020 The deal is expected to close in the second half of this year... Read more
Business LeadersFeaturedUBS CEO Sergio Ermotti to become Swiss Re chairmanPritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 Sergio Ermotti is due to step down as chief executive of UBS Group in November... Read more
FeaturedFintechFintech investment in UK reaches $48.5 bn in 2019Pritam BordoloiFebruary 27, 2020February 27, 2020 by Pritam BordoloiFebruary 27, 2020February 27, 2020 83% of the fintech deals in Europe took place in the UK... Read more
FeaturedFintechBritish fintech Revolut secures $500 mn funding to fuel expansionPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 The UK startup digital bank is now valued at $5.5 bn... Read more
FeaturedLogisticsCambodian logitech ShopRunBack secures $900K funding for SE expansionPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Investors that participated in the funding round include OBOR Capital and Negocia Ventures... Read more
FeaturedFintechBrexit sees German fintech N26 exit UK businessPritam BordoloiFebruary 13, 2020February 13, 2020 by Pritam BordoloiFebruary 13, 2020February 13, 2020 The neobank will close down all accounts on April 15... Read more
FeaturedPorts and ShippingDP World’s to strengthen in Europe after buying 44% in SwissterminalPritam BordoloiJanuary 23, 2020January 23, 2020 by Pritam BordoloiJanuary 23, 2020January 23, 2020 The acquisition is expected to increase DP World’s footprint in Europe... Read more
Asset ManagementFeaturedWealth managementMorgan Stanley aims to boost its wealth management staff strength in AsiaBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings.... Read more
FeaturedMicrosoft, Alphabet divided on EU facial recognition banBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 Microsoft President Brad Smith cited that the technology is important as it can help NGOs find missing citizens... Read more