SoftBank Group to Acquire Ampere Computing

TOKYO & SANTA CLARA, Calif.–(BUSINESS WIRE)–Mar. 20, 2025 SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it will acquire Ampere® Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will operate as a wholly owned subsidiary of SoftBank Group and […]

Planto is selected as the winner of Fintech Innovation Challenge: Leveraging AI for SMEs in SEA by the Asian Development Bank

SINGAPORE–(BUSINESS WIRE)–Mar. 06, 2025 Planto, a Hong Kong headquartered fintech company was named an AI for SMEs Challenge winner by the Asian Development Bank (ADB)! This recognition reinforces the company’s dedication to empowering small and medium enterprises (SMEs) in Southeast Asia with AI-driven financial solutions that make a real impact. Planto’s approach is centered on: […]

Multiply Group Signs Landmark Investment with CVC and PAI Partners to Secure a Controlling Stake (67.91%) in Tendam with the Transaction Expected to Double Multiply’s Operational EBITDA Post-Consolidation

Multiply Group establishes new Retail and Apparel Vertical with Tendam as its anchor business, further deepening the Group’s presence in consumer-focused industries. Tendam is Spain's second-largest apparel group by market share and one of Europe’s leading omnichannel apparel groups, operating 1,800 points of sale in more than 80 markets including Spain, Portugal, France, UAE and […]

Ant International Appoints Worachat Luxkanalode as 2C2P CEO Designate as 2C2P Expands to Serve More Regional SMEs with Innovative Products

Fintech veteran Worachat Luxkanalode will lead 2C2P’s strategic upgrade from offering payment gateway services to enterprise customers, to a full-stack digitisation and financial services provider for businesses of all sizes, including SMEs in Southeast Asia; Founder and current CEO of 2C2P Aung Kyaw Moe will step down in April to pursue personal endeavours after heading […]

Custodian of Two Holy Mosques Approves Saudi Riyal Symbol

20 February 2025 – 21 Sha’ban 1446 RIYADH, Saudi Arabia–(BUSINESS WIRE)–Feb. 20, 2025 The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will reinforce the Saudi currency's identity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220759041/en/ The […]

Uniswap Labs Debuts Highly Anticipated Unichain To The Public

Unichain will be supported by 80+ leading apps and infrastructure providers including Circle, Coinbase, Lido, and Morpho NEW YORK–(BUSINESS WIRE)–Feb. 11, 2025 Uniswap Labs, the leader in decentralized finance (DeFi), debuts Unichain to the public, a blockchain designed to take speed, efficiency, and cross-chain liquidity to the next level. Users and developers have processed over […]

Citi Foundation Announces 2025 Global Innovation Challenge for Nonprofits Accelerating Youth Employability

50 community organizations to receive a collective $25 million in catalytic funding, building on over a decade of Citi Foundation investment in youth. NEW YORK–(BUSINESS WIRE)–Feb. 04, 2025 The Citi Foundation today issued a Request for Proposals (RFP) for its 2025 Global Innovation Challenge, which provides philanthropic support for community organizations to pilot or scale […]

A New Era in Compliance Training: Solidus Labs Launches Trade Surveillance Academy to Close the Knowledge Gap in Market Abuse Prevention

NEW YORK–(BUSINESS WIRE)–Jan. 28, 2025 Solidus Labs, the category-defining leader in cross-asset trade surveillance and risk monitoring, launched the first-of-its-kind Trade Surveillance Academy (TSA), a publicly available training program designed to address the knowledge gap in the emerging field of trade surveillance. Designed by practitioners, for practitioners, TSA provides comprehensive, practical training grounded in real-world […]

Starr Names Peter Hirs to Succeed Howard Smith as CFO

NEW YORK–(BUSINESS WIRE)–Jan. 13, 2025 Starr announced that Peter Hirs has been named the company’s chief financial officer, effective January 13, succeeding Howard I. Smith, who is retiring after more than 40 years at Starr and related entities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113071409/en/ Peter Hirs, chief financial officer, Starr […]

Alpaca and Saudi’s Derayah Financial Announce Partnership and Strategic Investment to Accelerate Alpaca’s Middle East Business and Saudi Stocks Offering Globally

Alpaca cements its self-clearing foundation through its DTCC membership and high-value product launches including Options Trading and High Yield Cash Accounts SAN MATEO, Calif.–(BUSINESS WIRE)–Dec. 10, 2024 Alpaca, a brokerage infrastructure technology company and self-clearing broker-dealer, delivering execution and custody solutions for Stocks, ETFs, and Options, that support hundreds of financial institutions worldwide, today announced […]

Blackstone Credit & Insurance Announces $1 Billion Infrastructure Loan Portfolio Purchase From Santander

NEW YORK–(BUSINESS WIRE)–Nov. 26, 2024 Blackstone and Santander Corporate & Investment Banking today announced an agreement under which funds managed by Blackstone Credit & Insurance (“BXCI”) will acquire interests in a $1 billion portfolio of high-quality infrastructure loans from Santander. The portfolio comprises loans that finance assets located largely in Western Europe and the US […]

Under the Patronage of HRH the Crown Prince Saudi Arabia is readying to Host Landmark World Investment Conference (WIC) 2024 in Riyadh.

This year’s conference theme: ‘Harnessing Digital Transformation and Sustainable Growth: Scaling Investment Opportunities’. RIYADH, Saudi Arabia–(BUSINESS WIRE)–Nov. 24, 2024 Under the patronage of His Royal Highness Crown Prince and Prime Minister Mohammed bin Salman bin AbdulAziz Al Saud, the World Association of Investment Promotion Agencies (WAIPA) and Invest Saudi are organizing the 28th annual World […]