OakNorth, a SoftBank-backed British bank for businesses, has appointed former top UK financial regulator Adair Turner as its new chairman, the company said on Wednesday.
SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5%.
Brazilian insurer BB Seguridade said on Tuesday its CEO Ullisses Assis has resigned from his position and its controlling shareholder, Banco do Brasil , has nominated one of its executives to replace him.
French prosecutors have opened an investigation into alleged “aggravated money laundering” related to transfers made by a Cypriot brokerage firm that worked with BNP Paribas’ custodian unit, French daily Le Monde reported on Tuesday.
David Tovey, who was a BlackRock fund manager until 2021, is part of a team that plans to launch a hedge fund based in London and Zurich in the first quarter of 2024, a source familiar with the matter said on Friday.
A new investor lawsuit is claiming more than 700 million euros ($771.40 million) in damages from accounting firm EY for its role in auditing the books of Wirecard before its collapse in 2020, a shareholder group said.
Sberbank could be an attractive candidate for privatisation, German Gref, CEO of Russia’s biggest bank, said on Friday, as the government looks to stimulate profitability and cut costs at state-owned companies.
Fintech company Revolut’s revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth, but net profit fell sharply to 6 million pounds, the company said in delayed annual accounts on Friday.
The world’s largest asset management firm BlackRock held partnership talks with U.S.-based private equity firm Warburg Pincus nearly two years ago, the Financial Times reported on Thursday citing at least five people briefed on the matter.
Credicorp, , one of Peru’s biggest financial holding companies, on Thursday announced a slate of top-level management changes, including the appointment of a new chief financial officer who is set to take up the role next July.
