Merchants (MBIN) news

China Merchants Port Holdings - Terminates SACLH project and enters settlement agreement for early termination

China Merchants Port Holdings Company Limited (HK0144000764) has recently announced the termination of the SACLH project and the execution of a settlement agreement for its early termination. This development marks a strategic shift for the company, which operates in the marine port services sector…

Redefine Properties - Horse Group to remain jointly controlled by EPP GP, redefine Europe, and RMBIA

China Merchants Securities says Liu Bo appointed as president

China Merchants Securities Co. Ltd. (600999.SS, 6099.HK) announced that Liu Bo has been appointed as the company’s president, following a series of leadership changes within the firm and its parent group, China Merchants Financial Holdings. Liu, who previously served as vice president and chairman…

Six banks publish joint agentic commerce principles framework

Six major global banks—NatWest Group, ASB Bank, Bank of America, Capital One, Commonwealth Bank of Australia, and ING Group—have jointly published a set of principles to guide the development of agentic commerce, a rapidly evolving payment model in which AI agents perform transactions on behalf of…

Mubadala - Paymob raises $35 mln in pre-Series C round co-led by Mubadala and EBRD to accelerate expansion in MENA region

Egypt-based fintech company Paymob has raised $35 million in a pre-Series C funding round co-led by Mubadala Investment Company and the European Bank for Reconstruction and Development (EBRD), with participation from British International Investment, Global Ventures , and DPI Ventures. The capital…