Search Results for: World Bank’s
Agreement with RBS confirms BNP Paribas’ commitment to Cash Management and Trade Finance in Europe and internationally
July 2nd, 2015
BNP Paribas has been selected by RBS to act as the ‘referral bank’ for its Cash Management and Trade Finance clients affected by the latter’s decision earlier this year to focus its transaction services business on its home market ...
UAE among priority countries for Standard Chartered
June 26th, 2015
Standard Chartered has outlined a plan to spend more money growing its business in emerging-market countries including the UAE, where the fallout from lower commodity prices has not been as crippling as it has been in countries such as ...
Newest UK bank Atom selects global tech giant FIS to offer digital banking
June 25th, 2015
Atom, the designed for digital challenger to the UK banking market, is partnering with FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, to serve banking customers on the go. ...
Atom – the UK’s newest bank
June 24th, 2015
Atom Bank today announces that it has been granted its licence by the Bank of England, enabling it to push ahead with plans to launch products and services to customers later this year. Championing customer experience with a low-cost ...
UBS Gave Out ‘Instruction Manual on Fixing Libor,’ Hayes Said
June 19th, 2015
Thomas Hayes, a former trader on trial over charges he manipulated benchmark rates, told prosecutors in 2013 that UBS Group AG distributed “an instruction manual on fixing Libor” to suit their trading positions. The Swiss bank’s e-mailed “Guide to ...
The Next Great European Financial Crisis Has Begun
June 18th, 2015
The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there is very little chance ...
A record $9 billion penalty levied against BNP Paribas SA
June 16th, 2015
A record $9 billion penalty levied against BNP Paribas SA for violating U.S. economic sanctions Terrorism Victims Seek Part of BNP Penalty Large contingency lost family or were injured in 1998 embassy bombings The record penalty is morphing into ...
Saxo Bank gets more personal with clients amid trend to go digital
June 15th, 2015
As banks push ahead with digital services and scale back their branch networks, one investment bank says its retail brokerage business is growing in part because of the human touch. Fadi Mehdi, the head of Saxo Bank’s representative office ...
Libor Trial Hears Global Banks Submitted Skewed Data
June 9th, 2015
Numerous banks told the British Bankers’ Association they deliberately submitted inaccurate data, court at Tom Hayes trial is told A succession of global banks told a British trade association in 2005 and 2006 that they and their rivals were ...
3 Critical Fintech Innovation Trends in Banking
June 5th, 2015
Each year, the most exciting innovations in banking are presented at Finovate conferences. While some of the new ideas may never be seen by the general public, the trends of the demos provide insights into the future of financial ...
