Banking
Deutsche Börse set to take over wealthtech firm SimCorp
Deutsche Börse is set to finalize its €3.9 billion acquisition of SimCorp, a Danish investment management software company, with plans to delist SimCorp from...
Banking
SEC hands $25m penalty to Deutsche Bank subsidiary for AML violations and ESG “misstatements”
The US Securities and Exchange Commission (SEC) imposes a $25 million penalty on DWS Investment Management Americas Inc. (DIMA), a subsidiary of Deutsche Bank,...
Banking
Singapore’s Grab pulls the plug on investment services citing non-viability
Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable.
FactsGrab is winding down its retail investment products,...
Banking
MoneyMasters goes live with Profile Software’s Axia Suite for digital wealth management
Jamaican asset management firm MoneyMasters has replaced its in-house wealth management tools with Profile Software's Axia Suite, aiming to enhance its digital offerings and...
Banking
ThinkMarkets launches ThinkPortal app for on-the-go account management
ThinkMarkets has launched the ThinkPortal app, a versatile mobile application that allows traders to manage their accounts conveniently. The app offers various features to...
Banking
Geely Group buys out Saxo Bank stake in joint fintech venture
Denmark's Saxo Bank has completed the sale of its stake in Saxo Geely Tech Holding A/S (Saxo Fintech) to Geely Group, an automotive company...
Banking
OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m
Caledonia Investments has sold its majority stake in Seven Investment Management (7IM) to Ontario Teachers’ Pension Plan (OTPP) for £255 million, pending Financial Conduct...
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