Investment banking articles
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Premji Invest in talks to pick up big stake in Bank of Baroda’s Nainital Bank
Premji Invest, the family office of Wipro founder Azim Premji, is in advanced talks to acquire a majority stake in Nainital Bank, which is a subsidiary of the publicly owned Bank of Baroda, three people aware of the discussions said. The proposed investment is likely to value the Uttarakhand-based lender at around Rs 800 crore, they added.“Premji Invest has signed a term sheet and the due diligence process is over. However, the final decision is yet to be made on the acquisition,” according to...
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Bank of Ireland announces €34m customer service investment
The investment intends to introduce a number of customer service improvements, including the use of biometric voice tech and enhanced self-service capabilities. : Bank of Ireland announces €34m customer service investment
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Bank OZK Invests $222,000 in QUALCOMM Incorporated (NASDAQ:QCOM)
Bank OZK bought a new stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,537 shares of the wireless technology company’s stock, valued at approximately $222,000. Other hedge funds and other institutional investors […]