The DWS IPO – Crying for Cryan
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
Category Archive: Financial Institutions
Virtu meets KCG
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
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
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
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
Financials on the rocks – FIG Market Update
The year 2015 has been marked by the acceleration of M&A activity in the financial sector, due to several distinct trends. Due to increased regulations, institutions must find new ways to not only… Continue reading
Fintech: a jewel in the crown
Industry Overview Worldpay is a payment services provider which handles more than 11bn transactions per year through web, card and other mobile instruments. Its strength relies on the security of the products it… Continue reading
JAPAN’S BATTLE AGAINST AN AGEING POPULATION: MITSUI SUMITOMO INSURANCE AND AMLIN FORM A WORLD-LEADING INSURANCE COMPANY
Mitsui Sumitomo Insurance Group will acquire British insurer Amlin Plc. The deal follows a recent trend of Japanese insurers turning to international acquisitions to hedge against the liability of Japans’ ageing population by… Continue reading
A EUROPEAN FUND MANAGEMENT POWERHOUSE: SANTANDER AND UNICREDIT COMBINE THEIR ASSET MANAGEMENT UNITS
Banco Santander will combine its asset management arm with Pioneer Investments, a unit of Unicredit. The combined company will manage $429 bn in assets. This deal follows the recent trend in the M&A… Continue reading