All articles by Refna Tharayil
Refna Tharayil
Verisk to divest Wood Mackenzie to Veritas Capital for $3.1bn
Wood Mackenzie, which was acquired by Verisk in 2015, provides data, analytics and insights pertaining to the energy, renewables and natural resources sectors
UK CMA clears LSEG’s £274m acquisition of Quantile Group
Following the conclusion of the phase 2 probe, the British competition watchdog has stated that the acquisition is unlikely to lead to a significant lessening of competition between Quantile and its rivals
BlackRock raises $4.5bn for Global Infrastructure Fund IV at first close
BlackRock Global Infrastructure Fund IV aims to develop a diverse portfolio of essential, contracted infrastructure assets, and businesses globally, covering five sectors that include energy and environmental, low carbon power, regulated utilities, transportation and logistics, and digital infrastructure
U.S. Bank taps Adobe to expedite personalisation in consumer banking
The partnership will build on U.S. Bank’s digital transformation and will enable customers to have a consistent experience across branches and on web and mobile platforms, and make bank transactions in a manner that fulfils their requirements
Microsoft to expedite Swiss banking group UBS’ public cloud footprint
As part of the collaboration with the American tech major, UBS will run more than 50% of its applications, including critical workloads, on Microsoft Azure, which is currently the bank’s main cloud platform
Valeas Capital to acquire minority stake in Sequoia Financial for $200m
The Ohio-based wealth management firm plans to use the investment for expanding organically and inorganically with a focus on investing in its technology, team, and for expanding its services for clients
HSBC partners with Oracle to expedite digital transformation
As per the multi-year agreement, the British financial services company will upgrade and shift certain database systems to the Oracle Exadata Cloud@Customer platform, which will be delivered as a managed infrastructure service in the data centres of HSBC
Belize Bank extends core banking partnership with Finastra
The Belizean bank, which moved its legacy core to the Fusion Essence platform in 2017, has extended its partnership with the fintech company to bring Scotiabank (Belize) as well to the core banking platform
Digital wealth advisor Endowus buys majority stake in Carret Private
Endowus group of companies plans to vertically integrate to offer investment and advisory solutions to meet the needs of different client segments
Honda Motor, Sony establish EV joint venture Sony Honda Mobility
Sony Honda Mobility’s creation is part of the two Japanese group’s plans to form an alliance in the mobility field for which they inked a memorandum of understanding in March 2022