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
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…
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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.