Bridging and Commercial, March 17th 2016
OakNorth increases rates on savings accounts
OakNorth has increased interest rates on its fixed-term accounts to meet demand for business loans, and property development and investment loans.
thisismoney.co.uk, March 12th 2016
At last! Banks may have to start paying YOU interest on your current account: Challengers call for 0.5% minimum as big players fear watchdog ruling
Challenger banks – new operators set up since the financial crisis – have called for interest to be obligatory and to be paid at the level of at least the Bank of England base rate. At today’s rate of 0.5 per cent, that would force the banks to pay £1.5 billion a year to their customers.
Reuters, November 13th 2015
Indiabulls Group buys 40 percent stake in the OakNorth Bank
OakNorth Bank, a British lender to small businesses and entrepreneurs, said Mumbai-based Indiabulls Group had bought a 40 percent stake in the company for 66 million pounds ($100 million), boosting its capital base to over 85 million pounds
Read More at
Reuters – http://www.reuters.com/article/2015/11/13/oaknorth-bank-deals-indiabulls-house-idUSL3N13844Z20151113#sB5KhCtKu5SLQzZw.99
The Economic Times – http://articles.economictimes.indiatimes.com/2015-11-12/news/68222089_1_indiabulls-housing-finance-indiabulls-group-national-housing-bank
Company Release, October 4th 2015
Amalthea Capital Limited acquires stake in Online Education firm TheBostonInitiative and ETutorHome
Amalthea Capital Limited announces the acquisition of a stake in Online Education firm TheBostonInitiative and ETutorHome.
May 07, 2015
Amalthea Capital acquires stake in Pivot International FZC
Amalthea Capital has acquired a significant stake in UAE based Pivot International FZC, an organization dedicated to supplying quality medical equipment and consumables, being a preferred supplier to the medical industry, and exceeding satisfaction for customers, and associates.
The main products offered by Pivot International FZC are as follows:
2. General medical equipment like ECG, couches etc
3. Ventilator equipment
4. Medical articles and disposables
5. X-ray systems
6. Urology products
With the increase in requirement for medical clinics and hospitals in the Middle East as well as around the Globe, Pivot sees this as a great potential in this segment offering a win-win situation for all the stake holders i.e. Hospitals, Health-Professionals, Clinics etc.
April 10th 2015
Karan Kumar joins advisory board of OakNorth Bank
Karan Kumar was invited to be a part of the Board of Advisors at Oaknorth Bank.
The Financial Times, March 9, 2015
OakNorth gets banking licence, appoints Adair Turner to board
New British bank OakNorth has been granted a banking licence and appointed former top regulator Adair Turner as its senior independent director….
http://uk.reuters.com/article/2015/03/09/uk-britain-banking-oaknorth-idUKKBN0M50XC20150309
December 8, 2014
Moody’s Completes Acquisition of Remaining Stake in Copal Amba
NEW YORK–(BUSINESS WIRE)– Moody’s Corporation (NYSE:MCO) announced today that it has completed its acquisition of the remaining shares of Copal Amba and now owns 100% of the company. Moody’s announced on September 30 that it had agreed to acquire the remaining minority stake in Copal Amba.
http://ir.moodys.com/Mobile/file.aspx?IID=108462&FID=26441518
December 11, 2013
Moody’s acquires investment research firm Amba Investment Services
NYSE-listed global credit ratings agency, Moody’s Corp has acquired Amba Investment Services, a provider of investment research and quantitative analytics for financial institutions……..
November 14, 2011
Moody’s Corporation Acquires Majority Stake in Copal Partners
Moody’s said on Monday that it had bought a majority stake in Copal Partners, a company that provides research and analysis for banks, hedge funds and……..
http://dealbook.nytimes.com/2011/11/14/moodys-buys-majority-stake-in-indian-research-firm/?_r=1