The American fintech, Fifth Third Bancorp, reportedly announced the successful acquisition of Rize Money, Inc., a Virginia based fintech infrastructure platform. Bridgit Chayt, wh

Chinese authorities have reportedly warned major bankers in the nation that the ongoing crackdown on the USD 60 trillion industry is likely to worsen. This comes along the heels of the launch of a probe on a top state

The instability in the global financial markets has seemed to mellow down following UBS’ purchase of Credit Suisse in a rescue deal. This deal was initiated by UBS as a hopeful attempt to lift and maintain shares

Financial institutions around the world are facing significant difficulties following the collapse of the Silicon Valley Bank in the U.S. This is in spite of various steps are being taken by governments to normalize th

India-based venture capital firm Blume has reportedly raised over $250 million for a new fund as it plans to seek early-stage startups and support its portfolio firms aggressively. As per reports, the deal is taking pl

Prismforce, an Indian-U.S. startup helping IT and tech services companies build better talent supply chains, has reportedly raised $13.6 million in a Series A funding headed by Sequoia Capital India. Apart from Sequoia

UK will reportedly be getting four novel ‘banking hubs’ in England, while another six will be receiving support for business deposits, after reviewing cash access issues in the country.

Swiss lender Credit Suisse’s shares tumbled 18% after the bank posted its third-quarter loss which was higher than the analyst forecasts and unveiled a massive strategic overhaul.

Shares of Indian IT giant, Wipro, tanked almost 6% during Thursday’s trading after the group reported a contraction in its July-September quarter earnings. The poor quarterl