HSBC concludes sale of retail banking business to Crédit Commercial de France LeapRate

January 02, 2024 BY Elizabeth Anderson

HSBC concludes sale of retail banking business to Crédit Commercial de France

The British lending company acquired Crédit Commercial de France, a financial services provider and subsidiary of the My Money Group, more than two decades ago in April 2000. Reportedly, this acquisition amounted to a minimum of €11.08bn. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Reuters indicated that after the sale, My Money…

December 14, 2023 BY Simon Mugo

TMX Group Acquires Remaining 78% Stake in VettaFi for $848 Million

Valued at 15.4 times its projected 2024 adjusted EBITDA, VettaFi boasts over 80% recurring revenue. TMX Group expects the acquisition to positively impact its adjusted earnings per share within the first year. The deal, financed through $1 billion in bank debt, is anticipated to be finalised in January 2024. John McKenzie, the CEO of TMX…

November 26, 2014 BY Mike Fox

Tullett Prebon completes acquisition of oil brokerage PVM

PVM transaction adds 33 new broking desks to the Tullett Prebon Group, increases coverage of oil products in Asia and the US markets.

November 04, 2014 BY Andrew Saks-McLeod

Exclusive: GAIN Capital CEO Glenn Stevens and LeapRate discuss future of City Index post-acquisition

The full integration of City Index into GAIN Capital's increasingly substantial operation is imminent, with new direction on the horizon. GAIN Capital CEO Glenn Stevens talks candidly to LeapRate's Andrew Saks McLeod about the exciting future

Tag: acquisition and merger