Global financial services intelligence and media provider RFi Group has announced its acquisition of Asia-Pacific Banking & Finance (AB+F).
AB+F is a financial media company that produces, manages and delivers magazines, an online daily news service, conferences, forum briefings and custom communications.
Its Managing Director, Andrew Stabback, will continue to have oversight of its industry-leading title, Asia-Pacific Banking & Finance Magazine, as well as its daily news and the day-to-day operations of the business.
RFi Group’s CEO, Charles Green, said: “The flagship AB+F Magazine is the longest established and most respected title for the banking and financial services industry and has been leading and facilitating industry debate for the past 25 years. As well as the monthly magazine, it produces a well-regarded daily online news service of breaking banking and finance news. I am very excited to be working with Andrew and his team as we further develop the portfolio.
“This acquisition complements RFi’s existing portfolio and also provides a great distribution platform for our intelligence and insights, which will enhance how RFi delivers its content across the region. AB+F also runs more than 80 events a year, including numerous industry summits, gala awards and the industry showcase Breakfast with the Economists series.”
Stabback said: “I am looking forward to working with Charles and the team at RFi Group as we leverage their research and data-based content and geographic reach to further expand our media and event offerings.”
Green said: “RFi Group has carved a significant niche as a global intelligence and media provider, providing valuable content for the financial services industry. This is our third acquisition in Australia and our sights are firmly set on acquiring further media assets across the region and around the globe. Our aim is to become the number one content provider to the banking and financial services community globally.”