stake

IL&FS to offload stake in wealth management arm

Debt-laden finance firm IL&FS has announced plans to divest its stake in its alternative investment management and education units as…

Berenberg to sell-off majority stake in Swiss private banking arm

German private bank Berenberg has agreed to divest a stake of 80.1% in its Swiss subsidiary Berenberg Bank (Schweiz) to…

Major banking players take stake in KY3P risk management solution

Banking majors Barclays, Goldman Sachs, HSBC and Morgan Stanley have taken an equity stake in IHS Markit’s Know Your Third…