This week in BFS: JP Morgan Chase hires new CEO

Carlyle Group in advanced stages to acquire Granules India for around $1 billion.
Carlyle is expected to buy promoter shares, which will trigger an open offer to acquire an additional stake from others. Read More>>

National Bank and Banque Misr to equally acquire 40% of stocks in IBAG. 
The partnership is aimed at merging the unofficial transfer sector into the banking sector in Egypt and enhancing financial inclusion as part of the bank’s role to support the Egyptian economy. Read More>>

Alterna Bank and Thinking Capital re-launch innovative lending solutions. The collaboration will assist Canadian (SME) owners with business loans of up to $300,000. Read More>>

Lightnet Group Forges Partnership with Siam Commercial Bank. The partnership makes remittance services accessible to all Thai bank accounts and anyone who has signed up for PromptPay, a government-sponsored service that enables instant bank-to-bank fund transfers. Read More>>

YES, Bank in partnership with Worldline introduces SMS Pay on POS terminals. The partnership enables merchants to accept contactless and remote payments from their customers. Read More>>

JPMorgan Chase hires CEO for its forthcoming UK digital bank.
Sanoke Viswanathan previously served as the bank’s chief administrative officer overseeing technology and operations in corporate and investment banking. Read More>>

Goldman Sachs plans further job cuts. The investment banking giant is preparing for the second round of job cuts, three months after it began eliminating around 400 positions. Read More>>

Equifax Names Melissa Smith to Board of Directors.
Melissa is a strong business leader who brings operational and financial expertise and gained over two decades of experience in a business driven by data and analytics. Read More>>
Confluence by Zinnov
The latest edition of Zinnov Confluence – Confluence Europe – has the overarching theme Engineering A Post-Pandemic World.’   

The theme centers around the key dimensions of people, process, technology, and business that will enable companies to be ready to succeed in a post-COVID-19 world. 
Vijay Swaminathan, CEO & Co-Founder, Draup, will be presenting a keynote talk on Reskilling for Relevance, where he will share rich insights on how companies need to rethink talent strategies to help redefine and reimagine their business outcomes.  

Read the blog here>>  

Vamsee Tirukkala, COO & Co-Founder, Draup will moderate a Fireside Chat on Ambition.Readiness.Acceleration – Driving Globalization ROI from 3.40 pm to 4.00 pm CET.

Register here for the event
Headlines From The Startup World
Startup Spotlight
Latest Insights & Reports
Banco Bilbao Vizcaya Argentaria, S.A. Account Intelligence Report. Banco Bilbao Vizcaya Argentaria focuses on digital solutions that enhance banking experience for customers. 
Read our full report here 
Banco Bradesco S.A. Account Intelligence Report.Banco Bradesco S.A. uses its AI platform to offer innovative digital solutions to the unbanked population. 
Read our full report here 
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