Tag: UK
Barclays reportedly leading the race to take over GM credit card programme from Goldman Sachs
Potential Sale of GM Credit Card Programme: Goldman Sachs is reportedly in talks with Barclays regarding the potential sale of its General Motors...
Allica Bank reports first full year of profitability after revenues double
Allica Bank's Financial Performance:Allica Bank, a UK challenger bank lending to SMEs since 2020, reported its first full year of profitability.
Revenues...
Monese to split business in two amid mounting financial woes
Internal Restructuring:Monese, a UK-based fintech and banking services provider, is undergoing internal restructuring, with plans to split its business into two separate...
JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m
Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from JP Morgan Chase in an...
Revolut to launch operations in Mexico with new banking licence
Banking Licence Approval:UK challenger Revolut has received a banking license from Mexico’s National Banking and Securities Commission (CNBV) to operate a neobanking...
UK fintech Gresham Technologies to be acquired by STG Partners for £147m
Acquisition Details:UK fintech Gresham Technologies is set to be acquired by Alliance Bidco Ltd (Bidco), a company indirectly owned by US-based private...