All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
Ant International becomes China’s first foreign payment gateway partner
The CPG framework intends to streamline connections and enhance stability for overseas payment service providers.
HSBC Private Bank unveils new AI-driven platform
The platform is specifically designed for teams that interact with clients, as well as for investment advisors and product experts.
Aldermore Bank CEO Steven Cooper to lead Fairstone Group – report
At Fairstone, Cooper is tasked with an objective to double the company’s size by the end of the decade.
Swiss Senate paves way for direct government action on UBS capital rules
The outcome allows the government to directly move ahead with measures that could potentially raise UBS’s core capital needs.
Israel’s esh Bank to implement revenue sharing model with depositors
The bank’s equal sharing model will allocate 50% of the interest revenues generated from customer deposits back to their accounts on a weekly basis.
CVC enters race to acquire Avendus Capital from KKR – report
The early-stage discussions involve a thorough assessment of Avendus’ business operations and financial health.
Hedge fund firm Capstone Investment to close Hong Kong office – report
The closure will impact six employees who were part of the Hong Kong team.
Tavistock to buy 76.59% stake in financial advisory firm Lifetime
Lifetime services include financial advice, mortgages, investments, pensions, estate planning, savings, and protection.
Cross-border QR payment linkage pilot launched between China and Indonesia
A part of the government-to-government initiative, the pilot is carried out under the guidance of the central banks of two nations.
Aon seals $2.7bn deal to offload majority of NFP’s wealth business
The sale encompasses Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth, and related platforms.