Ubs, swiss bank, fintech, what is a fintech firm, financial technology firms, venture capital, vc, how big with usb' articles
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With GenAI, database firm MongoDB gets set for big India play
New York-headquartered database company MongoDB sees a “great opportunity” in India as large banks, airlines and financial services companies here launch AI business models, a top company executive said.Valued at about $30 billion, MongoDB counts Tata Digital, Tata AIG, Canara HSBC Life Insurance, Zomato, Devnagri, Ambee, Inovaare and Observe.AI among its key clients.The company, which posted a revenue of $1.68 billion in the last fiscal year, a 31% increase year-on-year, has partnered with...
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Ireland Postpones Big Cricket Series With Australia Due To Financial Pressures
Smaller cricket nation Ireland had to postpone a high-profile series with Australia due to financial pressures in a blow for the perception of the sport in the country.
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Fulton Financial jumps after buying failed Republic First Bank's deposits, assets
Regional banks have been struggling to retain deposits as customers seek the safety of larger 'too-big-to-fail' rivals, while higher interest rates have also diminished the value of their loan books due to increased unrealized losses. Republic Bank's troubles included low liquidity, not filing annual reports detailing year-end financials with the U.S. SEC and being targeted by multiple activist investors since 2021. The beleaguered lender, which had about $6 billion and $4 billion in total...