Fund managers concern for US election’s impact on FX markets - Industry roundup: 8 August
by Ben Poole
WorldFirst and Walmart develop streamlined process for e-commerce sellers in China; Xerox selects SAP to transform enterprise architecture.
by Ben Poole
WorldFirst and Walmart develop streamlined process for e-commerce sellers in China; Xerox selects SAP to transform enterprise architecture.
by Ben Poole
Southeast Asia could outpace China in GDP and FDI growth in the next decade; Tide of outflows in UK equities at slowest in three years.
by Ben Poole
Annual securities lending revenue down 11% to US$843m; BNP Paribas enters exclusive negotiations to acquire AXA investment Managers.
by Ben Poole
European payment fraud hit €6.3bn over 18 months; AFME outlines digital finance priorities for the new EU policy cycle.
by Ben Poole
China leads world in GenAI usage; Tradeweb completes ICD acquisition; EIB and Deutsche Bank look to boost Europe's wind manufacturers.
by Ben Poole
Payments Innovation Alliance releases BEC response action plan; OFX and Technosis to launch multi-currency payment solution.
by Ben Poole
UBS and CIBC claim world’s first intraday FX swap; Surecomp and Visa partner on trade finance and cross-border payments.
by Graham Buck
Three rate decisions awaited; Russia hikes rates to 18%; Supply chain shortage dents Porsche; Slovenia first EU nation to issue sovereign digital bond
by Ben Poole
Trovata and State Street look to streamline corporate investing; ICC issues guidance on responsible business in challenging contexts.
by Ben Poole
Over one-third of UK FIs penalised in past 12 months for regulatory compliance failures; BofA’s CashPro App tops US$500bn in payment approvals.
by Graham Buck
JCI-Hitachi in US$8.1bn JV sale to Bosch; BofE changes tack on liquidity management; Hungary cuts key interest rates; Revolut wins UK banking licence
by Ben Poole
Venture healthcare companies must secure new financing or face tough consequences; Finastra and CredAble to deliver SCF offering to banks.
by Graham Buck
China to raise retirement age; ANZ launches real-time payments; Singapore commits US$74m for AI in finance; Bank of Canada expected to cut rates
by Ben Poole
UN calls for sustainable strategies to mitigate digital economy’s environmental impact; Global economy tipped for soft landing.
by Ben Poole
Six months of growth for more than half of UK sectors; “Low-touch” equity trading desks fight through growing pains, UK RTGS service hits snag.
by Graham Buck
Tokenised US Treasurys ʺcould hit US$3bnʺ; Indonesia keeps rates on hold; Klarna mulls US IPO for 2025; ADB, AIIB fund Indian solar power project
by Ben Poole
Payment fears putting businesses off overseas growth; Indonesia and South Korea pursue cross-border payment connectivity, UK inflation stays at 2%.
by Graham Buck
Pakistan wins U5$7 billion IMF loan; KPMG launches Clear on Climate Reporting; World Bank helps Pacific islands; La Niña threat to EM bonds
by Ben Poole
Anglo American and Bahrain Steel complete eBL transaction for Bahrain imports; Billtrust and Visa to extend B2B payments network collaboration.
by Ben Poole
UK GDP ticked up in May; Retail investors bearish on both S&P 500 and NASDAQ 100; BofA adds intelligent transaction search to banking platform.
by Graham Buck
UK launches £7.3bn Wealth Fund; Aramco resumes USD-denominated bonds; Banks enjoyed record profits in 2023; HSBC to reshape investment banking
by Ben Poole
CFO and CEO views differ on sustainability and cost management; Basel Committee consults on principles for sound third-party risk management.
by Graham Buck
French election “ends pro-business agendaʺ; South Africa to change ETF payments; RBI joins Project Nexus; Ireland's tax windfall continues
by Ben Poole
The EBA starts dialogue with banks on the 2025 EU-wide stress test methodology; Can the US rally continue?; CredAble publishes treasury report.