UK investors ‘say corporate bonds overvalued’
by Graham Buck
Nearly three in four gave the verdict, while many consider government bonds to also be overvalued, reports CFA UK.
Europe
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.
Survey has Hong Kong favourite for regional treasury centres
by Graham Buck
China’s booming economy and HK’s proximity to the mainland have helped it achieve prominence, reports East & Partners.
Seventeen UK companies rapped for late payments
by Graham Buck
Rolls-Royce, Balfour Beatty and Persimmon are among those suspended or removed from the government’s Prompt Payment Code.
Stripe’s billing product makes debut in Europe
by Graham Buck
The US online payments platform provider says that Stripe Billing can help European businesses of all sizes get paid faster.
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.
Lack of finance ‘costs UK auto firms £25bn in lost revenue’
by Graham Buck
Mid-sized automotive manufacturers are held back due to lack of access to funding, claims a Wyelands Bank study.
Treasury consultant Zanders expands with two Nordic offices
by Graham Buck
The Dutch finance and treasury consultancy marks its 25th year with new office openings in Denmark and Sweden.
Cyber attackers turn attention to smaller businesses
by Graham Buck
Big businesses are still the favourite target, but hackers are increasingly vulnerable warns insurer Hiscox.
AI platform assesses impact of Brexit
by Graham Buck
A growing number of financial services companies are opening European offices or relocating from the UK, reports Talent Ticker
European fintechs marshal forces on PSD2 issues
by Graham Buck
The European Third-Party Provider Association is a non-profit body to represent them on Payment Services Directive issues.
Commerzbank, Raisin partner on savings platform for corporates
by Graham Buck
The Berlin-based fintech says that it will be able to offer the bank’s corporate clients attractive savings rates.
Nestlé and Carrefour employ blockchain to track product
by Graham Buck
The Swiss food giant and the French supermarket chain will track the supply chain of popular mashed potato brand Mousline.
Facebook pulls plug on P2P service in UK and France
by Graham Buck
The service that enables money transfers via Messenger in both countries will be discontinued from June 15.
Hungary’s central bank aims to boost corporate bond market
by Graham Buck
The National Bank of Hungary’s deputy governor wants to double or even triple its size.
EC renews efforts to persuade banks to join TIPS instant payments
by Graham Buck
Commission vice president Valdis Dombrovskis has criticised banks’ reluctance to make use of the EU’s real-time payments infrastructure
Deutsche Bank, Serrala release API solution for instant payments
by Graham Buck
The bank’s first API for Sepa instant payments launches in an initiative with the fintech software group formerly known as Hanse Orga.
Brexit uncertainty spurs demand for exchange-traded funds
by Graham Buck
Worries about a possible US economic downturn have been a further spur for ETF investors.
EU blockchain alliance launch attracts over 100 members
by Graham Buck
The formation International Association of Trusted Blockchain Applications (INATBA) was marked by a ceremony in Brussels.
Turkey’s move to support lira pressures banks
by Graham Buck
Efforts to prevent a further slide in the currency risk reducing banks’ ability to lend and pushing the country deeper into recession.
Saxo Bank warns of European economic headwinds
by Graham Buck
In its outlook for Q2 of 2019, the Danish online trading specialist sees the next two years as crucial for Europe’s evolution.
Businesses say Brexit preparations tougher than Y2K
by Graham Buck
A survey of executives finds that the challenges of the Millennium Bug were less than those of Britain’s departure from the EU.
Klarna launches open banking platform
by Graham Buck
The Swedish banking group said that open banking platforms will enable banks and fintechs to personalise their offerings.
Banks run trade finance pilot on Marco Polo blockchain
by Graham Buck
Germany’s Commerzbank and LBBW used the international trade finance network for digital data transfer.