For focusing in the UK platform business, Interactive Investor is set to sell its Luxembourg operation to Switzerland based Swissquote Group. The transaction is subject to regulatory approval by the CSSF and the ECB in Luxembourg. According to Richard Wilson, chief executive of Interactive Investor: “This last year has been the start of an exciting […]
Toronto based Vlaad and Company, a financial service executive search firm, is set to expand into the U.S. market by opening an office in New York City. Expanding the firm’s North American presence and helping both American and Canadian firms find top-tier talent, Vlaad and Company has chosen New York as it is the epicenter […]
Bahrain based Gulf International Bank (GIB) is set to expand to Saudi Arabia by completing the necessary steps to convert its branches into a locally incorporated bank which is also Gulf International Bank’s largest market. After receiving approval from the Saudi Council of Ministers to convert its branches to a locally incorporated bank, Gulf International ...
A foreign exchange and international payments firms, Frontierpay, is set to open its Asian headquarters in Singapore as a part of international expansion. Expected to grow to a staff of 50 over the next three years, Frontierpay is currently set to hire 5 people. The employees will be focused on supporting customers with their foreign […]
Investing $100 million in Mahindra Finance, IFC intends to enable Mahindra Finance to further augment its growth and in turn extend mainly farming loan to individuals to buy tractors, vehicles and other equipment along with financing small and medium enterprises. To be secured through nonconvertible debentures, this loan will assist Mahindra Finance which ...
A leading research firm that primarily serves investment companies, Third Bridge is expanding in the US with opening of an office in Los Angeles. Third Bridge established its North American headquarters in New York City in 2010 and since the US team has grown to over 200 employees. The expansion of the second office in […]
Aegon is set to expand its partnership with Banco Santander in Spain covering term life and selected lines of non- life insurance following Banco Santander’s acquisition of the Banco Popular franchise in 2017. According to Alex Wynaendts, CEO of Aegon: “I am delighted to announce an expansion of the existing relationship with Banco Santander, which […]
USA based PayPal Holdings Inc. is set to acquire Sweden based iZettle AB for $2.2 billion. iZettle was supposed to set its prices for an initial public offering the next day. iZettle competes with company such as Square Inc. and Canada’s Shopify Inc. and on May 8 it announced that it was seeking to raise […]