Tag Archives: financial services

GRO Fund III and Kirk Kapital Secure Acquisition of Omada A/S, Marking Exit for CVC Growth Funds and GRO Fund II

(IN BRIEF) Omada A/S, a global leader in Identity Governance and Administration (IGA) software, has announced its acquisition by GRO Fund III, alongside Kirk Kapital. This move marks the full exit of Omada’s previous investors, CVC Growth Funds and GRO … Read the full press release

EY and Confluent Launch Strategic Alliance to Modernize Data Streaming Across Industries

(IN BRIEF) EY US has teamed up with Confluent to help organizations harness the power of real-time data streaming through a complete platform built on Apache Kafka®. This alliance will support clients in modernizing legacy systems, optimizing business operations, and … Read the full press release

CACEIS Appointed as Depositary for Vesper Infrastructure Partners’ Debut Fund

(IN BRIEF) CACEIS has been appointed to provide depositary and banking services for Vesper Infrastructure Partners’ inaugural fund, Vesper Next Generation Infrastructure Fund I SCSp, which is targeting €800 million and currently has €600 million in assets under management. Vesper, … Read the full press release

Lloyds Tracker Shows Real Estate Rebound Drives Modest UK Sector Growth in March

(IN BRIEF) UK economic activity remained steady in March with four out of fourteen sectors reporting output growth, the same as February, according to Lloyds Bank’s UK Sector Tracker. Real estate services saw their first expansion of 2024, spurred by … Read the full press release

FCA Establishes First Overseas Offices to Support Global Growth of UK Financial Services

(IN BRIEF) The Financial Conduct Authority (FCA) is establishing offices in the US and Asia-Pacific for the first time under its 2025–2030 strategy. Tash Miah has begun her new role in Washington, DC, while Camille Blackburn will open a regional … Read the full press release

Capgemini and NVIDIA Propel Enterprise Innovation with Bespoke Agentic AI Solutions

(IN BRIEF) Capgemini, in partnership with NVIDIA, has introduced customized agentic solutions designed to accelerate the deployment of enterprise AI. By leveraging NVIDIA NIM and a dedicated agentic gallery, Capgemini will provide end-to-end AI services tailored to diverse industries such … Read the full press release

Proximus Global and Nokia Unveil Joint Plan for Developer-Friendly Network APIs at #MWC25

(IN BRIEF) Proximus Global, a digital communications leader, has entered a strategic collaboration with Nokia to integrate each other’s network APIs on their respective marketplaces. This move, showcased at #MWC25, aims to give developers better access to telecom capabilities—particularly 5G … Read the full press release

KPMG and KfW Release Analysis on Digitalisation of Germany’s Capital Markets Using Blockchain Technology

(IN BRIEF) KPMG and KfW have unveiled an analysis evaluating the maturity of DLT-based capital markets in Germany and Europe, with a focus on KfW’s blockchain-based bond issues. The study highlights the importance of developing scalable digital markets to ensure … Read the full press release

Helios Fund V Secures $75 Million Investment from EIB Global to Fuel Africa’s Digital and Tech Growth

(IN BRIEF) The European Investment Bank (EIB Global) has committed $75 million to Helios Fund V, a private equity fund managed by Helios Investment Partners. Focusing on sectors like digital infrastructure, financial services, and tech-enabled services, the fund aligns with … Read the full press release

The AA and NatWest Boxed Partner to Launch Instant Savings and Personal Loan Products for UK Consumers

(IN BRIEF) The AA and NatWest Boxed have partnered to offer UK consumers instant savings accounts and personal loans. The collaboration will provide The AA’s members with easy access to financial services while allowing The AA to expand its offerings, … Read the full press release

Barclays UK Appoints Jatin Patel to Lead Mortgages, Savings, and Insurance Business

(IN BRIEF) Barclays UK has appointed Jatin Patel to lead its mortgages, savings, and insurance division. Jatin brings over 20 years of experience in retail financial services, having held leadership positions at organizations like TSB Bank and Lloyds. He succeeds … Read the full press release

FCA Announces Winners of Research Competition to Explore Regulation’s Role in Economic Growth

(IN BRIEF) The Financial Conduct Authority (FCA) has revealed the six winners of its research competition, awarding up to £30,000 in funding to each project. These studies aim to deepen the understanding of how regulation can foster economic growth, with … Read the full press release

UniCredit Wins Global Bank of the Year 2024 and EMEA Loan House of the Year

(IN BRIEF) UniCredit has been named Global Bank of the Year 2024 and EMEA Loan House of the Year by IFR, marking a significant achievement in the bank’s ongoing transformation. The recognition highlights UniCredit’s leadership in banking and its successful … Read the full press release

ING Finalizes Deal to Sell Russian Operations to Global Development JSC

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced the sale of its Russian operations to Global Development JSC, marking its exit from the Russian market. The sale includes the transfer of all shares of ING Bank (Eurasia) JSC and its associated activities. Global … Read the full press release

Holcim Moves Forward with North American Spin-Off and Announces Designated Board Members

(IN BRIEF) Holcim has announced its next steps in preparing for the spin-off of its North American business, including the designation of the new Board of Directors. The 10-member Board will become official following shareholder and regulatory approvals, expected by … Read the full press release

Adyen Partners with Doctolib to Revolutionize Financial Services for Medical Professionals

(IN BRIEF) Adyen has partnered with Doctolib to enhance financial services for medical professionals across Europe. Initially launched in France and Italy, the collaboration enables healthcare providers to streamline administrative tasks with integrated payment solutions and financial tools, allowing them … Read the full press release

Barclays Finalizes Acquisition of Tesco Bank’s Retail Business, Launches Strategic Partnership to Expand Tesco-Branded Financial Services

(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release

Nagarro Acquires UK-Based FWD View to Boost Data Transformation Solutions for Financial Services

(IN BRIEF) Nagarro has acquired FWD View Limited, a UK-based specialist in data transformation and visualization for financial services, to strengthen its position in the UK financial sector. This acquisition adds approximately 50 experts to Nagarro’s team and expands its … Read the full press release

S&P Global and Accenture Partner to Advance Generative AI in Financial Services

(IN BRIEF) S&P Global and Accenture have partnered to advance generative AI in the financial services industry. This includes launching a comprehensive AI learning program for S&P Global’s workforce and enhancing AI development and benchmarking solutions. The collaboration aims to … Read the full press release

Mark Hastings brings 18 years of financial services experience to Nucleus

(IN BRIEF) Mark Hastings has joined Nucleus as the new leader of the finance team’s day-to-day operations, including financial planning and analysis, financial control, and treasury. This is a newly created role, and he will report to Mike Regan, the … Read the full press release