Credit Suisse pioneers first in Singapore dollar bond market
by Graham Buck
CS’s first Singapore dollar-denominated AT1 perpetual bond is hailed as a new source of bank funding that diversifies the investor base
Bank Relations & KYC
Background
Bank relationships are vital. Bank Relationship Management (BRM) is a major task in any corporate treasury department and covers many other staff around the company. Often large companies use hundreds…
Read moreEurope’s financial institutions ambivalent on open banking
by Graham Buck
A survey by open banking platform Tink finds nearly two-fifths see regulation opening up the market as a major threat to their business
US fintech Plaid rolls out services in the UK
by Graham Buck
The six years old San Francisco company, already valued at $2.7bn, is expanding across the Atlantic and opening its first UK office.
BBVA hosts Family Cybersecurity Day
by Graham Buck
The newly-launched initiative by the Spanish bank aims to raise awareness and educate employees and their families.
Taiwan completes its first sustainability-linked loan
by Graham Buck
The three-year loan is the first for an Asian-Pacific IT company to be evaluated using environmental, social and governmental metrics.
Fintechs gain favour for B2B payments processing
by Graham Buck
Around three in four banks are seeking to leverage fintech solutions for payments-related services, reports Bottomline Technologies.
Asian Development Bank funds Philippines, India rail projects
by Graham Buck
The ADB will provide funding of up to US$2.75bn in its single largest infrastructure project financing to date.
Standard Chartered and IBM Launch Trade AI Engine
by Graham Buck
The solution, for converting non-digital shipping documents into machine-readable format, is live in Asia, Africa and the Middle East.
Shadow banking ‘increasing systemic risk’
by Graham Buck
Progress made since the financial crisis in improving banks’ credit profiles could be undermined by its growth, warns Fitch Ratings.
Deutsche Bank charts ‘Amazonisation’ of securities post-trade
by Graham Buck
A white paper issued by the bank evaluates the progress of harmonisation initiatives and calls for uniform regulations.
Hong Kong gives green light to more virtual banks
by Graham Buck
Competition in the banking sector has intensified as the Hong Kong Monetary Authority hands out a batch of new licences.
Nordea extends we.trade blockchain platform to SMEs
by Graham Buck
Nordea is opening up the co-developed platform to smaller businesses after pilot customers used it for the first live trades last July.
Voltron trade finance consortium gains 50+ members
by Graham Buck
Launched last October by R3 and eight founding member banks, the initiative has gained traction after successful trials.
Thailand moves closer to central bank digital currency
by Graham Buck
The Bank of Thailand’s project prototype is being finalised by the R3 blockchain consortium and Wipro.
BlackRock and HSBC launch Saudi investment funds
by Graham Buck
The two groups, both major asset managers, have launched exchange-traded funds focused on the Gulf state’s larger corporates.
Dutch group Volt offers single access point to open banking
by Graham Buck
The Netherlands-based open banking specialist promises access to more than 4,000 Europe banks via a single API.
Brazil moves a step closer to open banking
by Graham Buck
The Central Bank of Brazil has issued regulations which would see the country’s top 12 banks open up customer data to third parties.
MAS, Bank of Canada blockchain trial promises cross-border payment gains
by Graham Buck
The successful experiment by the two central banks could make cross-border payments faster and more efficient.
Standard Bank acquires custody and derivatives business
by Graham Buck
Africa’s largest bank by assets is taking over the portfolio from Legae Peresec, South Africa’s largest securities trading firm.
Sberbank Croatia picks Token.io to progress open banking
by Graham Buck
The Russian bank’s Eastern Europe subsidiary is integrating Token OS into its banking infrastructure to achieve PSD2 compliance.
CGI to develop HSBC’s trade finance technology platform
by Graham Buck
The bank will use the IT consultancy’s Trade360 global trade finance solution.
Banks agree $2bn loan for Vietnam coal-fired power plant
by Graham Buck
JBIC leads the consortium that will fund a project that breaches international agreements to phase out fossil fuels.
Citi harness AI for trade finance compliance
by Graham Buck
The group is working with EY and SAS to develop a risk analytics scoring engine based on artificial intelligence.
Deutsche Bank and Commerzbank abandon merger talks
by Graham Buck
After nearly six weeks of negotiations, Germany’s two biggest banks decided the risks and costs of a union were excessive.