Press Release

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.

Read more: http://www.bridgingandcommercial.co.uk/article-desc-5731_oaknorth-increases-rates-on-savings-accounts#.V5W977i7iko

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.

Read more: http://www.thisismoney.co.uk/money/news/article-3489447/At-Banks-start-paying-current-account-Challengers-call-0-5-minimum-big-players-fear-watchdog-ruling.html#ixzz4FP50VLbK

 

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.

 New Pivot Logo

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:

1. Surgical equipment and disposables
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….

The full article can be found at:

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.

The full article can be found at:

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……..

The full article can be found at:

http://articles.economictimes.indiatimes.com/2013-12-11/news/45080860_1_amba-research-helion-venture-partners-copal-partners

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……..

The full article can be found at:

http://dealbook.nytimes.com/2011/11/14/moodys-buys-majority-stake-in-indian-research-firm/?_r=1