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Found 14 results in 953 milliseconds.

HSBC to sell its business in Argentina

News | Online & Mobile Banking | 10 Apr 2024

HSBC has reached an agreement to sell its banking operations in Argentina to Grupo Financiero Galicia.

acquisition, banks, transactions , financial services

Synchrony to acquire Ally Financial's POS financing business

News | Payments General | 22 Jan 2024

US-based Synchrony has reached a definitive agreement with digital financial services company Ally Financial to acquire the latter’s point-of-sale (POS) financing business

acquisition, POS, credit access, instalment payments, financing

ABN AMRO to acquire BUX

News | Online & Mobile Banking | 14 Dec 2023

Netherlands-based ABN AMRO has announced that it attained an agreement to acquire BUX, intending to solidify its position in the retail investment sector.  

investment, acquisition, retail, banking, digital banking

UniCredit and Alpha Services and Holdings announce merger and partnership

News | Payments General | 25 Oct 2023

UniCredit and Alpha Services and Holdings have announced the signing of a merger in Romania and a partnership in Greece.  

merger, partnership, banking, banks, financial institutions

Membrane Finance launches euro stablecoin on the Solana blockchain

News | Cryptocurrencies | 28 Aug 2023

Finland-based fintech company Membrane Finance has launched a MiCA-compliant euro stablecoin on the Solana blockchain.

fintech, stablecoin, product launch, cryptocurrency, blockchain

UBS completes acquisition of Credit Suisse

News | Payments General | 12 Jun 2023

UBS completes the acquisition of Credit Suisse, with the combined entity now ready to operate as a consolidated banking group.

banks, acquisition, merger, regulation, financial services

HSBC sells Canadian business to Royal Bank of Canada

News | Online & Mobile Banking | 30 Nov 2022

HSBC Holdings’s subsidiary HSBC Overseas has entered into an agreement to sell its banking business in Canada to Royal Bank of Canada, subject to regulatory and governmental approvals.

acquisition, banks, banking, online banking, central bank

EBA's 2021 EU-wide stress level shows that banks continue building their capital base

News | Payments General | 02 Aug 2021

The European Banking Authority (EBA) has published the results of its 2021 EU-wide stress test, which involved 50 banks from 15 EU and EEA countries, covering 70% of the EU banking sector assets.

EBA, banks, COVID-19

EBA published its Risk Dashboard for the last quarter of 2020

News | Payments General | 31 Mar 2021

The European Banking Authority (EBA) has published its Risk Dashboard for the last quarter of 2020.

EBA, data, risk management, cybercrime

Barclays secures capital ahead of potential coronavirus-caused loan losses

News | Payments General | 14 Jul 2020

Barclays has announced that recent regulatory changes had boosted its core capital, giving the UK-based bank a buffer to absorb any further loan losses during the coronavirus crisis.

Barclays, capital, loan losses, coronavirus, banks, CET1 capital ratio, income, impairments, market income, regulatory changes

Shinsei Bank to buy UDC Finance

News | E-invoicing, SCF & E-procurement | 03 Jun 2020

Australia and New Zealand Banking Group (ANZ) has decided to sell its New Zealand-based asset finance unit for USD 674 million to Japan-based Shinsei Bank.

ANZ, Shinsei Bank, banks, Australia and New Zealand Banking Group, banks, banking, New Zealand, Australia, Japan, UDC Finance, CET1

Bank of Ireland swings to USD 261 mln loss amid COVID-19 pandemic

News | Payments General | 11 May 2020

Bank of Ireland has reported a USD 261 million loss after taking an impairment charge related to loan repayment breaks for customers in Ireland and Britain.

Bank of Ireland, impairment charge, Ireland, Britain, COVID19, pandemic, loan repayment breaks, Tier 1 capital ratio, CET1 ratio, Ireland, Europe

Nordea to acquire Gjensidige Bank

News | Online & Mobile Banking | 02 Jul 2018

Denmark-based bank Nordea has entered an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA.

Nordea, Denmark, Norway, Gjensidige Bank, digital banking services, mortgages, car financing, unsecured loans, savings, investments, capital ratio

UniCredit, SIA to finalize the sale of card processing activities in Italy, Germany and Austria

News | Cards | 28 Dec 2016

UniCredit Business Integrated Solutions (Ubis) and SIA have closed the sale of the card processing activities in Italy, Germany and Austria for a consideration of EUR 500 million.

UniCredit, SIA, card processing activities, Italy, Germany, Austria, acquisition