LONDON – PhillipCapital UK LTD has agreed to acquire wealth manager Walker Crips Group PLC WCGS.L in a recommended cash deal that values the London-listed company at approximately £5.96 million, the companies announced on Monday. The offer of 14 pence per…
SYDNEY – Australian non-bank lender Pepper Money Limited PPM.AX said on Monday it has entered a consortium with global investment firm KKR KKR.N to acquire the RAMS home loan portfolio from Westpac Banking Corp. The portfolio comprises A$21.4 billion ($13.9 billion)…
PARIS: Entertainment conglomerate Banijay Group announced Monday it has signed a binding agreement to acquire a majority stake in Tipico Group and combine it with its existing Betclic business, a move that will create a European leader in sports betting and…
ABU DHABI: First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest lender, reported on Wednesday a 24% rise in nine-month net profit, driven by higher revenue across its businesses and lower impairment charges, putting it on track to meet…
BERLIN: A profound generational shift is underway in Germany, a nation long known for its conservative financial habits and a deep-seated love for Betongold (concrete gold), or real estate. The newest generation of investors, Gen Z and Millennials, are boldly turning away…
Feeling the squeeze? You’re not alone. Scroll through any social feed, and it’s a parade of “$10K Months” and “Passive Income King” claims. It’s enough to make anyone feel like they’ve been left behind, especially when you’re a new mom with…
LONDON: Panther Metals Plc (LSE: PALM) has unveiled a novel financing strategy that blends digital assets with traditional hard commodities, following the successful establishment of a Bitcoin Treasury account and its intention to fund the acquisition of the Pick Lake…
Melbourne, Australia: PrismaStake, an emerging leader in the decentralized finance (DeFi) sector, has announced a significant funding boost of $6 million. This strategic investment propels the company into a new phase of growth, aimed at redefining the DeFi landscape with…
DUBAI: TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, has announced its best-ever financial and operational performance for the year 2023, along with a cash dividend of AED 800 million for its shareholders. The Group…
SYDNEY: CVC Asia Pacific Limited (CVC) has increased its offer for APM Human Services International Limited (APM) to $2.00 cash per share, up from $1.60, in a bid to acquire the human services provider by way of a scheme of…
LONDON: Barclays Plc, one of the leading global financial services providers, has today announced a new operating structure that will align its business segments with its strategic priorities and customer needs. The new structure will consist of five focused operating…
Cambridge Savings Bank (CSB), a full-service mutual bank with nearly $7 billion in assets, has announced the hiring of Ryan Bailey as its new president and chief executive officer (CEO). Bailey will succeed Wayne Patenaude, who will retire in 2023…