SBI gets regulator’s nod to set up operations support subsidiary
State Bank of India (SBI) has secured an in-principal approval from the Reserve Bank of India (RBI) to set up…
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SAS buys Kamakura to enhance financial risk management capabilities
Business analytics software and services provider SAS has acquired risk management firm Kamakura for an undisclosed sum. Privately held Kamakura, which was…
Irish state sells further 5% stake in Allied Irish Banks
Ireland’s government has announced the disposal of its 5% stake in Allied Irish Banks (AIB) by placing shares in an accelerated book-building…
People’s Bank of China and BIS create Renminbi Liquidity Arrangement
The People's Bank of China (PBC), the central bank of the country, has signed an agreement with the Bank for…
Barclays signs deal to buy specialist mortgage lender Kensington for £2.3bn
British banking group Barclays has agreed to acquire Kensington Mortgage in a deal for a total consideration of around £2.3bn.…
Saudi Central Bank provides $13bn capital support to lenders
Saudi Arabia’s central bank has made a capital injection of about SAR50bn ($13bn) to help Saudi banks deal with the…
PPF gives up control of Russian subsidiaries for $494m
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Czech investment…
Italian lender MPS considers raising €2.5bn to fund new plan
Italian lender Monte dei Paschi di Siena (MPS) is mulling to raise €2.5bn ($2.6bn) to support a new recovery plan,…