Indian fintech company Dhanvarsha Finvest raises $8.8m in funding round

Pallavi Madhiraju- April 16, 2021 0

Dhanvarsha Finvest, an Indian fintech company, has secured a capital infusion of INR658.3 million ($8.8 million) led by Aviator Emerging Market Fund (AEMF). International investors ... Read More

Citi merges wealth management units to create Citi Global Wealth

Soujanya- January 20, 2021 0

Citi, a US-based financial services company, has merged the wealth management teams of its global consumer banking (GCB) and the institutional clients group (ICG) divisions ... Read More

Sun Life Financial wraps up $338m stake acquisition in Crescent Capital

Pallavi Madhiraju- January 6, 2021 0

Canadian financial services company Sun Life Financial has wrapped up its $338 million acquisition of a 51% stake in Crescent Capital Group, an alternative credit ... Read More

US investment management firm Barrow Hanley to be acquired by Perpetual

Pallavi Madhiraju- July 27, 2020 0

BrightSphere Investment Group has agreed to sell its stake of 75.1% in US-based diversified investment management firm Barrow Hanley, Mewhinney & Strauss (Barrow Hanley) to ... Read More

Lion Street acquires Mercury Financial to expand in institutional market

Pallavi Madhiraju- July 1, 2020 0

Lion Street, a Texas-based financial services company, has acquired Mercury Financial Group, a provider of wealth planning and insurance solutions to financial advisors for high ... Read More

Mather Group acquires financial advisory firm Resource Advisory Services

Pallavi Madhiraju- June 17, 2020 0

The Mather Group (TMG), a US wealth management firm, has acquired Resource Advisory Services, a Tennessee-based financial advisory firm for an undisclosed price, in a ... Read More

ICICI WhatsApp banking service launched amid coronavirus lockdown in India

Pallavi Madhiraju- April 6, 2020 0

ICICI WhatsApp banking service : Indian private banking group ICICI Bank has introduced banking services on Whatsapp to serve its customers during the ongoing nationwide ... Read More

Advisor Group to acquire Ladenburg Thalmann Financial Services for $1.3bn

Soujanya- January 5, 2020 0

Advisor Group acquisition of Ladenburg Thalmann : Advisor Group, a US wealth management company, has agreed to acquire Ladenburg Thalmann Financial Services, a publicly-traded diversified ... Read More

SIX Group offers to buy Spanish stock exchange company BME for €2.84bn

Soujanya- November 22, 2019 0

SIX Group, a Swiss financial services company, has proposed to acquire 100% of Spanish stock exchange company Bolsas y Mercados Españoles (BME) for €34 per ... Read More

Grupo Supervielle to acquire Argentine car loan company Micro Lending

Pallavi Madhiraju- April 8, 2018 0

Argentina-based financial services group Grupo Supervielle has agreed to acquire car loan company Micro Lending (MILA) for $20 million to expand into the car loan ... Read More