financial services

Foresters to acquire ACM and AFM from Proj Fox Acquisition

Foresters and Proj Fox Acquisition have signed a deal on February 29, 2016, whereby, Foresters will indirectly buy both Aegon Fund Management (AFM) and Aegon Capital Management (ACM).

Read Full Article

NY targets Commerzbank employees in sanctions accord - sources

New York's financial regulator wants some Commerzbank AG (CBKG.DE) employees to be fired as part of a settlement over allegations the German lender improperly processed transactions with Iran and other countries facing U.S. sanctions, according to people familiar with the matter.

Read Full Article

US encourages banks to do business with licensed pot suppliers with new guidelines

The Obama administration has unveiled new guidelines that will encourage lenders to do transactions with state-licensed cannabis shops that are now constrained to doing business only in cash, Reuters reported.

Read Full Article

Ernst & Young director approves Bitcoin, says has potential to be a game-changer

EY director Colin Pickard said Bitcoin has the potential to be a game changer in the financial services industry as long as governments start regulating the digital currency.

Read Full Article

Alipay's parent firm purchases controlling stake in financial services company

In a move set to gain further foothold in the Chinese financial services sector, Alipay's parent company purchases asset manager.

Read Full Article

Ribbit Capital Closes $100M Venture Capital Fund

Ribbit Capital Launches Inaugural Fund with Four Initial Investments

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics