Tag Archives: financial services

Crédit Agricole Leasing & Factoring Strengthens Leadership with Appointment of Chantal Debost as Chairwoman

(IN BRIEF) Crédit Agricole Leasing & Factoring has appointed Chantal Debost as its new Chairwoman, succeeding Jean-Jacques Calcat, who served in the role since 2018. The appointment, effective immediately following the Board meeting on 28 October 2025, reflects CAL&F’s commitment … Read the full press release

Barclays to Launch Riyadh Operations in 2026, Advancing Vision 2030 Growth and Regional Investment Banking Capabilities

(IN BRIEF) Barclays PLC has received a provisional Capital Market Authority (CMA) licence, secured premises in King Abdullah Financial District, and will open a new office in Riyadh in 2026 as part of its Middle East expansion. The bank plans … Read the full press release

DWS Establishes Abu Dhabi Office to Drive Growth and Investment Solutions Across the Middle East

(IN BRIEF) DWS has opened a new regional office in the Abu Dhabi Global Market (ADGM) after receiving a Financial Services Permission from the Financial Services Regulatory Authority, allowing it to operate as a Category 4 regulated firm. With over … Read the full press release

Lloyds Banking Group strengthens AI leadership in financial services through large-scale Copilot integration and workforce upskilling

(IN BRIEF) Lloyds Banking Group has achieved a major milestone in AI adoption, with 93% of its 30,000 M365 Copilot licence holders actively using the tool to improve productivity and save an average of 46 minutes daily. Supported by its … Read the full press release

LSEG and Microsoft Expand Strategic Partnership to Power Agentic AI and Transform Financial Data Access Through Model Context Protocol

(IN BRIEF) LSEG and Microsoft have deepened their strategic partnership to revolutionize how financial institutions access and utilize LSEG’s licensed financial data within Microsoft’s AI ecosystems. Through a managed Model Context Protocol (MCP) server, customers can securely integrate LSEG’s extensive … Read the full press release

Riverty rolls out new multi-market customer service platform built on Microsoft Dynamics 365 with AI and empathy at its core

(IN BRIEF) Riverty has launched a new AI-powered customer service platform developed with Cluster Reply, setting new standards for human-centric engagement in the fintech sector. Built on Microsoft Dynamics 365 Customer Service and enhanced with intelligent routing, context recognition, and … Read the full press release

Acuity Knowledge Partners expands AI capabilities with acquisition of European digital transformation firm Ascent

(IN BRIEF) Acuity Knowledge Partners has agreed to acquire Ascent, a European leader in AI-powered digital transformation services, in a deal expected to close on 30 September 2025. The acquisition will expand Acuity’s Data and Technology Services division, adding 550 … Read the full press release

EY introduces Growth Platforms powered by neurosymbolic AI to transform enterprise growth strategies

(IN BRIEF) Ernst & Young LLP has launched EY Growth Platforms, a new enterprise solution built on neurosymbolic AI that blends machine learning with symbolic reasoning to help organizations unlock major growth opportunities and reinvent their business models. The system … Read the full press release

Upgraded UPI integration by Deutsche Bank delivers faster and more reliable digital transactions for merchants in India

(IN BRIEF) Deutsche Bank has upgraded its connection to India’s Unified Payments Interface (UPI), enabling merchants and Payment Service Providers to process payments more quickly and efficiently through new direct payment rails. The improved infrastructure gives clients access to direct … Read the full press release

Vienna Insurance Group acquires majority stake in Moldasig, becoming Moldova’s leading insurer

(IN BRIEF) Vienna Insurance Group (VIG) has acquired 80% of Moldasig following a successful public auction, making it the market leader in Moldova with around 30% share. The Share Purchase Agreement with the Moldovan state finalises VIG’s acquisition plan announced … Read the full press release

Benchmark Capital partners with Insignis to expand adviser access to cash management solutions and improve client outcomes

(IN BRIEF) Benchmark Capital, part of the Schroders Group, has formed a partnership with Insignis to provide advisers with enhanced cash management solutions for their clients. Through Insignis’ platform, advisers can access savings products from more than fifty banks and … Read the full press release

DNB Appoints Rasmus Figenschou as New CFO, Names Marianne Wik Sætre to Lead Corporate Banking Norway

(IN BRIEF) DNB has named Rasmus Figenschou as its next CFO, effective 24 October, succeeding Ida Lerner, who is leaving for a role outside the Nordic region. Figenschou will be replaced as Group Executive Vice President of Corporate Banking Norway … Read the full press release

Deutsche Bank Appoints Michael Diederich to Strengthen Corporate Bank Leadership in Germany and Globally

(IN BRIEF) Deutsche Bank has named Michael Diederich as Global Co-Head of its Corporate Bank, starting October, to work alongside David Lynne. With over 20 years of experience in corporate and investment banking, including senior leadership roles at UniCredit and … Read the full press release

UBS to renovate San Juan office with sustainability-focused design in celebration of 60 years in Puerto Rico

(IN BRIEF) UBS will complete a major renovation of its San Juan office by early 2026, creating a modern, sustainable space for clients and employees. The redesign will incorporate eco-friendly materials, high-performance textiles, and resilient surfaces to support adaptability and … Read the full press release

Accenture Ventures Backs Snorkel AI to Supercharge Data-Centric AI Solutions for Regulated Industries

(IN BRIEF) Accenture Ventures has invested in Snorkel AI to bolster enterprise AI adoption by improving dataset quality for model training and evaluation. Snorkel’s platform automates the conversion of siloed data and domain expertise into high-fidelity datasets, facilitating rapid, secure … Read the full press release

Wolters Kluwer to Sell FRR Unit to Regnology for €450 Million to Refocus on Core Compliance Markets

(IN BRIEF) Wolters Kluwer FCC has agreed to sell its Finance, Risk and Regulatory Reporting (FRR) unit to Regnology Group GmbH for approximately €450 million. The sale aligns with FCC’s strategy to intensify focus on U.S. banking and corporate compliance … Read the full press release

Experian Selects AWS as Strategic Cloud Partner to Drive Real-Time Intelligence and AI Innovation

(IN BRIEF) Experian has entered a 10-year strategic partnership with AWS, designating AWS as its preferred cloud provider. This collaboration will see Experian migrate its mainframes and on-premises servers to AWS, centralizing its technology stack and harnessing AWS analytics and … Read the full press release

EY and NVIDIA Launch AI-Driven Platform to Revolutionize Third-Party Risk Management

(IN BRIEF) EY.ai for Risk is a new suite of AI-powered risk management tools developed in partnership with NVIDIA. Combining NVIDIA NIM microservices and EY’s 100+ years of risk expertise, the solution runs on the EY.ai agentic platform to streamline … Read the full press release

Orange Business and Toshiba Europe Unveil Paris’s First Commercial Quantum-Safe Networking Service

(IN BRIEF) Orange Business has partnered with Toshiba Europe to launch Orange Quantum Defender, the first quantum-safe network service available commercially in greater Paris. By combining Toshiba’s QKD hardware with robust PQC software, the service delivers a multi-tiered security model … Read the full press release

Natixis Appoints Anne Sabot as CFO, Effective June 2025

(IN BRIEF) Anne Sabot has been appointed CFO of Natixis Corporate & Investment Banking, effective June 1, 2025. With extensive experience within Groupe BPCE, she will join both the Natixis Senior Management Committee and the BPCE Executive Committee. She succeeds … Read the full press release