Category Archive: Financial Institutions

Alibaba builds up its presence in the banking sector

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On February 19th, 2019 the Chinese internet giant Alibaba raised its stake in CICC, one of China’s leading investment banking firms, to nearly 5% for $231mn. This is the latest of a series… Continue reading

Morgan Stanley steps up its game for the Wealth Management war

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On February 11th, 2019 Morgan Stanley acquired Solium Capital, a large equity plan administrator, for $900m, a 40% premium over the recent trading price. This is the biggest acquisition in a decade for… Continue reading

Suntrust-BB&T: size matters in banking

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On February 7th, 2019 BB&T Corp. announced a deal to buy Suntrust Banks Inc. for $28.2bn, creating the sixth-largest US commercial bank. This is the largest US bank merger since the great consolidation… Continue reading

Invesco joins the trillion dollar club

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Companies Overview Invesco Ltd. Invesco Ltd. is an American independent investment management company headquartered in Atlanta, United States, and listed on the NYSE. The firm was originally incorporated under the laws of England… Continue reading

The DWS IPO – Crying for Cryan

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Deutsche Bank or the art of tripping over coffee tables Deutsche Bank AG is a German financial giant, founded in 1870 and headquartered in Frankfurt. It operates with more than 100,000 employees in… Continue reading

Virtu meets KCG

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Companies overview Virtu Financial Inc (NYSE:VIRT) Virtu Financial Inc is a financial firm whose main businesses are market making and high-frequency trading based in New York. It was born in 2008, when Vincent… Continue reading

Consolidation in the asset management industry, Standard Life and Aberdeen merger

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On Monday 6 March 2017, Standard Life and Aberdeen Asset Management announced an agreement aimed at creating the U.K.’s largest fund manager, through an £11bn ($13.5bn) all-share transaction. Standard Life has a market… Continue reading

LSE – DB merger: a crucial step towards Capital Markets Union

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London Stock Exchange Group (LSE:LSE) and Deutsche Börse (DB1X.N:GER) have agreed to merge and give birth to the largest European stock exchange group with a combined market capitalization of over $6tn. Industry Overview… Continue reading

Top of the Pops: Banco Popolare and BPM merge to create Italy’s third largest bank

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After months of intense talks, on March 23, Banca Popolare di Milano (PMI:IM) and Banco Popolare (BP:IM) agreed to merge and to form the third largest bank in Italy by assets (€170bn). The… Continue reading