Germany’s Deutsche Bank is reportedly benefitting from uncertainty surrounding a possible takeover of rival Commerzbank. Commerzbank’s customers are increasingly turning to Deutsche Bank for funding, Jan-Philipp Gillmann, head of Deutsche Bank’s German/European corporate banking division, told attendees at an event at Frankfurt. This is happening...
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. “We need strong and robust banks so that companies can tackle and finance their future tasks,” Bundesbank chief Joachim Nagel said while addressing a Commerzbank event in Frankfurt on Wednesday (Sept....
In today’s FinTech news, Neat Capital is expanding its lending business to help home buyers close fast, while Abhi’s lending business in Pakistan helps people hold on until payday. Plus, NovoPayment eyes new locations in Austin and San Francisco. Home Loan FinTech Neat Capital Wraps...
Pan-European bank UniCredit is expanding its alliance with global payments firm Worldline to tap into its open banking third-party provider (TPP) service. “As a leading and fast-growing paytech company, we want to support our clients to flourish in the API-driven economy beyond their regional markets...
September 04, 2017
Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America now supported and South America being the only major exception (besides Antarctica, though we hear the tourism scene there is heating up, so who knows — it could be next!). […]
May 23, 2025
Italy’s banking industry has reportedly seen seven merger and acquisition deals underway or recently concluded. Some of the deals are interrelated, Reuters reported Friday (May 23). The deals include UniCredit’s offer to buy Banco BPM that was announced Nov. 25; Banco BPM’s acquisition of fund manager Anima Holding that was completed in April; Monte dei Paschi’s (MPS) offer to buy Mediobanca that […]
November 26, 2024
Germany’s Deutsche Bank is reportedly benefitting from uncertainty surrounding a possible takeover of rival Commerzbank. Commerzbank’s customers are increasingly turning to Deutsche Bank for funding, Jan-Philipp Gillmann, head of Deutsche...
September 18, 2024
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. “We need strong and robust banks so that companies can tackle and finance their future tasks,”...
April 19, 2022
Pan-European bank UniCredit is expanding its alliance with global payments firm Worldline to tap into its open banking third-party provider (TPP) service. “As a leading and fast-growing paytech company, we...