FWD Group will buy a 25% stake in Bolttech Insurance (Hong Kong), a general insurer it sold in 2020, for a base consideration of USD 20.72 million.
Standard Bank Group will invest up to $200 million in OPay through Stanbic Africa Holdings, tied to OPay’s proposed NYSE IPO, and the two plan to explore a partnership.
Appointments
View AllWillis, a WTW business, has named Trevor Madden Head of Captive and Insurance Management…
First Horizon Bank has promoted Catherine Wood to Senior Vice President, Head of Commercial…
Allianz Partners, a world leader in B2B2C insurance and assistance, has appointed Carsten Staat…
Income Insurance Limited has announced the appointment of Lim Sim Seng as Chairman of…
The former Deutsche Bank dealmaker brings over 25 years of experience as Standard Chartered…
Banking
Commonwealth Bank is cutting its Merchant Service Fee for in-store payments from 1.1 per cent to 0.99 per cent per transaction, effective 1 October 2026, for eligible customers on its…
United Overseas Bank has appointed Tan Choon Hin as Head of ASEAN and Greater China, a new senior role effective 1 September 2026. Tan steps up from deputy chief risk…
China’s central bank will inject a total of 2.1 trillion yuan ($310 billion) into the banking system through overnight reverse repos next…
Herald View
Analysis and perspective from the Banking Herald desk: the stories behind the headlines. Read all Herald View →
InvestGB, the investment arm of Gulf Bank, has gone live on Avaloq’s platform. Wealth management, portfolio…
HDFC Life Insurance said sales through parent HDFC Bank are recovering after rival insurers ate into…
Brazil’s Pix, one of the world’s most successful instant-payment systems, has become a flashpoint between Brasília…
At least five lenders have lifted rates to or above the US SOFR benchmark, in a…
- Free for banks and insurers
- Sponsored option for fintechs and tech vendors
- Approved by you before publishing
Payments & Cards
Interac Corp. has announced that Global Payments, a payment technology and software company that powers commerce for businesses of all sizes worldwide, will enable Konek across its merchant network in Canada. Konek is Canada’s digital wallet, powered by Interac and…
Fintech
Kredete, a real-time cross-border payments platform, has been granted Virtual Asset Service Provider (VASP) registration…
AI & Technology
View AllHSBC has launched HSBCnio, a digital solution for corporate and institutional clients that combines transaction banking services with AI tools. The bank says it aims to deliver simpler,…
Infosys and ABN AMRO Bank, one of the largest banks in the Netherlands, have…
Form3, an account-to-account payments infrastructure provider trusted by Tier 1 banks including Barclays, Santander,…
NatWest Group is set to trial what it calls an industry-first, fully generative audio-visual…
Editor's Picks
Mergers & Acquisitions
View AllFNBO has agreed to acquire Denver-based InBankshares Corp. in a cash deal valued at up to $204 million, expanding its presence across Colorado and northern New Mexico. The acquisition will add nine Colorado branches and four New Mexico locations, strengthening FNBO’s footprint in key Mountain West markets.
InsuranceDekho and RenewBuy are merging to create India’s largest insurance distribution platform, combining a ₹6,600 crore premium book, 600,000+ digital partners and access to 52 insurers across a pan-India network.
The deal brings a two-million-user youth banking platform into Barclays UK, with US…
Raiffeisen Bank International has now received acceptances covering more than half of Addiko’s…
Wealth & Investment
View AllStandard Chartered has launched the tenth sub-fund on its Variable Capital Company (VCC) platform, with…
SEI, a global provider of financial technology, operations, and asset management services, has opened an…
DBS and Avaloq have signed a memorandum of understanding to expand their 18-year partnership, aiming…
Ebix has launched Ebix Meridian, a new operating platform built for independent U.S. financial advisory…
Global money market funds attracted $46.1 billion, their biggest weekly inflow since August 5, as U.S.-Iran tensions, rising oil prices and inflation concerns drove investors toward cash and short-duration assets. Yet continued inflows into equities, gold and emerging markets suggest caution and hedging rather than outright panic.