Sri Lanka’s economy has recorded positive growth for the first time since its devastating economic crisis. While the overall 2023 growth remained negative, the fourth quarter showed signs of recovery, driven by
Private equity firm Hg is reaping the benefits of its nearly two-decade investment in Visma, a software company specializing in enterprise solutions. Since acquiring Visma for $500 million, Hg has grown its
Blockchain technology is set to revolutionize the BFSI sector, with market valuation projected to grow from $8.6 billion in 2024 to an astounding $258 billion by 2030. Financial institutions are increasingly adopting
Donald Trump’s recent re-election as U.S. president has sent ripples through the banking sector, with analysts forecasting a surge in mergers and acquisitions (M&A) among smaller and mid-sized banks. Trump’s pro-business stance
UBS has successfully finalized the integration of Credit Suisse, solidifying its position as a dominant force in the global banking sector. The acquisition, which began in June 2023, followed Credit Suisse’s financial
Tech Mahindra is sharpening its focus on the BFSI segment, aiming to increase its revenue share from 16% to 25% by 2027. This ambitious goal underscores the company’s commitment to capitalizing on
The banking sector is entering 2025 with a focus on innovation and transformation. Here are five key trends that are set to shape the industry this year: These trends highlight the industry’s
The Indian IT sector is gearing up for a critical week as major players like TCS, Infosys, and Wipro prepare to announce their Q3 earnings. These results will shed light on how
Tata Consultancy Services (TCS), India’s largest IT services company, is set to announce its Q3 results on January 9. As the first major player in the IT sector to report earnings, TCS
JPMorgan Chase, one of the world’s largest financial institutions, is taking a bold step by planning to bring all of its 300,000 employees back to the office for a five-day work week.
