Citigroup Q2 2022 net income down by 27% to $4.5bn

Citigroup Q2 2022 net income down by 27% to $4.5bn

Citigroup Q2 2022 results : Citigroup has reported a net income of $4.5 billion for the second quarter of 2022 (Q2 2022), a decrease of 27%, compared to $6.19 billion in the same quarter of the previous year. The American investment banking company registered earnings per share (EPS) of $2.19, which is a 23% decline […]

Citizens Financial Group wraps up acquisition of DH Capital

Citizens Financial Group wraps up acquisition of DH Capital

Rhode Island-based Citizens Financial Group has wrapped up the previously announced acquisition of private investment banking firm DH Capital. The financial terms of the deal announced in December 2021 were not disclosed. Based in New York City, DH Capital caters to companies in the software, internet infrastructure, and next generation IT services, and communications sectors. […]

Wipro to help Crédit Agricole CIB in IT infrastructure transformation

Wipro to help Crédit Agricole CIB in IT infrastructure transformation

Wipro said that it has extended its agreement with Crédit Agricole CIB, the corporate and investment banking division of France-based Crédit Agricole Group, to drive the latter’s next stage of growth. According to the Indian IT services provider, the engagement builds on the decade-long relationship it has with Crédit Agricole CIB. Pierre Dulon — Crédit […]

Tata Consultancy Services deploys TCS BaNCS for Societe Generale unit

Tata Consultancy Services deploys TCS BaNCS for Societe Generale unit

Tata Consultancy Services (TCS) said that French investment services company Societe Generale Securities Services (SGSS) has deployed its TCS BaNCS core banking software suite. TCS BaNCS is being used by Societe Generale Securities Services as its new multi-entity asset servicing platform in Germany, France, UK, Luxembourg, and Ireland. According to Tata Consultancy Services, the French […]

JPMorgan Chase launches new digital platform for fraud protection

JPMorgan Chase launches new digital platform for fraud protection

JPMorgan Chase has launched a new digital hub called Fraud Protection Services that comes with improved fraud prevention tools for its small to mid-sized business clients. The digital hub is said to help the clients in protecting their businesses and safely manage money. JPMorgan Chase said that its suite of fraud tools can be accessible […]