Oracle is exploring the feasibility of buying consultancy giant Accenture, and has hired specialists to that effect, it is understood.
Pan-European exchange Euronext has made an irrevocable cash offer of €510 million to acquire clearing and central counterparty (CCP) services provider LCH.Clearnet.
The European Commission (EC) has prohibited the proposed merger between Deutsche Börse and London Stock Exchange (LSE) under the EU Merger Regulation. EC commissioner Margrethe Vestager, in charge of competition policy, says the merger “would have significantly reduced competition by creating a de facto monopoly in the crucial area of clearing of fixed income instruments” […]
The UK’s new financial trade association – created as a result of the merger between six domestic associations in the banking and payments space – has unveiled its name: UK Finance.
Al Baraka Bank in Pakistan is migrating the acquired fellow Islamic bank, Burj Bank, onto the Autobanker core banking system from Autosoft Dynamics.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Canada’s banking software firm DH Corporation (D+H) is to be acquired by Vista Equity Partners and merged with Misys. The deal is reported to be worth CA$ 2.5 billion ($1.9 billion).
Who’s buying who? Featuring Broadridge, Message Automation, Numerix and TFG Financial Systems.
Amazon is rumoured to be pondering the acquisition of Capital One. Banking Technology contacted both parties for a comment but received no response.
Australia-based banking software and services vendor Rubik Financial is to be taken over by Temenos. The deal is valued at $50 million.