Goldman Sachs Alternatives acquires FGI Worldwide in a transaction designed to strengthen the company’s international expansion and broaden its financial technology capabilities. The acquisition marks a major development for the commercial finance sector, particularly for businesses seeking flexible working capital and trade credit insurance...
UniCredit bid for Commerzbank has drawn sharp criticism from outgoing ECB vice-president Luis de Guindos, who warned that German political intervention conflicts with the EU single market.
De Guindos said cross-border banking consolidation remains essential for Europe’s financial competitiveness. Moreover, he argued that national resistance...
Jerome Powell Fed governor signals a rare institutional shift within the Federal Reserve. As his term as chair approaches its end, Jerome Powell confirmed he will remain on the Board of Governors.
Traditionally, outgoing chairs step down completely to ensure a smooth leadership transition. However,...
The Freedom Holding Corp Turkish Bank acquisition marks a major step in the company’s international expansion strategy. Freedom Holding Corp has agreed to purchase 99.32% of Turkish Bank A.Ş., subject to regulatory approval in Turkey.
The sellers include Özyol Holding and the National Bank of...
Shawbrook IPO plans have been confirmed as the bank steps forward to join the main market of the London Stock Exchange, underscoring a revival in the UK’s initial public offering activity.
Return to London markets
Shawbrook, based in Essex, has published its registration document today ahead...
HELOC Relaunch by JPMorgan Chase marks the bank’s calculated return to the home equity lending market, after a five-year suspension prompted by the uncertainty of the pandemic era. With U.S. homeowners now sitting on unprecedented levels of equity, Chase is positioning itself to meet...
