Tag: Financial Services/Finserv
BNP Paribas set to buy French life insurance business Neuflize Vie from ABN Amro and AXA
BNP Paribas Cardif Acquires Neuflize Vie: Key PointsAcquisition Overview:Acquirer: BNP Paribas Cardif.
Acquiree: Neuflize Vie.
Sellers: AXA and ABN Amro.
Parent Companies: Neuflize...
JP Morgan Chase commits additional £40m to boost economic growth in the UK
Investment Details:Total Commitment: £40 million over five years.
Overall Investment Since 2019: £90 million.Focus Areas:Financial Health and Careers/Skills Development:Total Allocation: £24...
UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries
Overview:Entities Involved: UK digital challenger Chetwood Financial and CHL Mortgages for Intermediaries (CMI), purchased from Barossa Asset Purchaser Sarl.
Purpose: Expansion of Chetwood's...
Cache Valley Bank in front-to-back office tech revamp with Finastra
Bank Overview:A community bank with $2.9 billion in assets.
Serves Utah and Southern Idaho, USA.Modernization Effort:Upgrading front-to-back office technology with Finastra’s solutions.
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BIS opens call to private sector participants for Project Agorá
Objective:Collaborate with private sector financial institutions to explore tokenisation in wholesale cross-border payments.
Develop a multi-currency ledger for cross-border payments using tokenised commercial...
UK challenger Tandem appoints Suavek Zajac as new CTO
New CTO Appointment:Suavek Zajac, former Railsr head, was appointed as CTO of UK digital bank Tandem.
Will oversee the development of Tandem’s...