Search Results for: First Data
HSBC Going Solo in China Credit Cards Boosts Expansion Plan
March 10th, 2016
Bank has ended card venture with Bocom, Asia head says HSBC would be just one of three foreign card issuers in China HSBC Holdings Plc winning approval to start a credit-card business in China’s $1 trillion market offers Chief ...
Citi leads $4.2 million Selerity funding round
March 9th, 2016
Selerity, a startup that monitors unstructured data and delivers personalised alerts to investors and traders, has raised $4.2 million in a funding round led by Citi, which is also using the firm’s algorithms to provide recommendations to clients through ...
Tom Hayes Denied Latest Bid to Appeal Libor Conviction
March 9th, 2016
An appeals court on Tuesday denied a request by Tom Hayes, a former trader at Citigroup and UBS, to ask Britain’s highest court to review his conviction in August for conspiring to manipulate a global benchmark interest rate known as Libor. Mr. Hayes, ...
Saudi Arabia to hold out bond mandate prospect to banks
March 8th, 2016
Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond Dubai: Saudi Arabia is holding out the prospect of a role in ...
BBVA announces the acquisition of an online business banking service
March 7th, 2016
BBVA today announces the acquisition of Holvi, the Helsinki-based online business banking service, as it seeks to expand its portfolio of digital businesses to complement the Group’s overall transformation process. Holvi, which was founded in 2011, and describes its offering ...
Innovations in Malaysia’s legal scene
March 7th, 2016
With most everyone plugged into the Internet these days, it was only a matter of time before the legal profession climbed aboard the technological train to promote their services with the ease of a click or swipe of a ...
Yuan Breaks Four-Day Advance as Leaders Shy Away From Specifics
March 7th, 2016
Traders ignore PBOC fixing set at highest in two months Nation to orderly realize convertibility by 2020: plan The yuan snapped a four-day run of gains as China’s leaders refrained from announcing specific support measures at their biggest gathering ...
Asian shares hit two-month high after solid U.S. job growth
March 7th, 2016
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on ...
Microsoft, Google Join Rivals to Back Apple in FBI Fight
March 4th, 2016
Tech competitors argue privacy, security threatened in case San Bernardino shooting victim among those supporting Apple Tech giants including Microsoft Corp. and Google set aside often fierce rivalries to back Apple Inc. in its fight against a judge’s order ...
EBA publishes results of the CRDIV-CRR/Basel III monitoring exercise as of 30 June 2015
March 3rd, 2016
The European Banking Authority (EBA) published today its ninth report of the CRDIV-CRR/Basel III monitoring exercise on the European banking system. This exercise, run in parallel with the one conducted by the Basel Committee on Banking Supervision (BCBS) at ...
