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.
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Australia appears to rule out rate cuts for the next six months - Industry roundup: 7 August
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.
Global economic growth eases for second month running - Industry roundup: 6 August
by Ben Poole
Annual securities lending revenue down 11% to US$843m; BNP Paribas enters exclusive negotiations to acquire AXA investment Managers.
Soaring data breach disruptions drive costs to record levels - Industry roundup: 5 August
by Ben Poole
European payment fraud hit €6.3bn over 18 months; AFME outlines digital finance priorities for the new EU policy cycle.
UK joins the rate cut club - Industry roundup: 2 August
by Ben Poole
China leads world in GenAI usage; Tradeweb completes ICD acquisition; EIB and Deutsche Bank look to boost Europe's wind manufacturers.
BASF sustainability-linked payables finance programme launches in Asia - Industry roundup: 1 August
by Ben Poole
Payments Innovation Alliance releases BEC response action plan; OFX and Technosis to launch multi-currency payment solution.
BoE sets out approach to innovation in money and payments - Industry roundup: 31 July
by Ben Poole
UBS and CIBC claim world’s first intraday FX swap; Surecomp and Visa partner on trade finance and cross-border payments.
Ninety countries join e-commerce initiative – Industry roundup: 30 July
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
Multinationals are empowering treasury to drive business growth - Industry roundup: 29 July
by Ben Poole
Trovata and State Street look to streamline corporate investing; ICC issues guidance on responsible business in challenging contexts.
Eurozone economy fades but UK and US show July growth - Industry roundup: 26 July
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.
FX headwinds grew in Q1, reports Kyriba – Industry roundup: 25 July
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
UK economy had a strong start to 2024 with more GDP growth to come - Industry roundup: 24 July
by Ben Poole
Venture healthcare companies must secure new financing or face tough consequences; Finastra and CredAble to deliver SCF offering to banks.
China surprises with interest rate cut – Industry roundup 23 July
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
Easing cycles and elections make for an uncertain second half of 2024 - Industry roundup: 22 July
by Ben Poole
UN calls for sustainable strategies to mitigate digital economy’s environmental impact; Global economy tipped for soft landing.
Financial losses from climate risk may be underestimated by 80% - Industry roundup: 19 July
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.
HSBC names CFO as its new chief – Industry roundup: 18 July
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
Global manufacturing gathered further momentum in June - Industry roundup: 17 July
by Ben Poole
Payment fears putting businesses off overseas growth; Indonesia and South Korea pursue cross-border payment connectivity, UK inflation stays at 2%.
France’s audit office sounds warning – Industry roundup: 16 July
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
M&A uncertainty fails to slow ESG due diligence - Industry roundup: 15 July
by Ben Poole
Anglo American and Bahrain Steel complete eBL transaction for Bahrain imports; Billtrust and Visa to extend B2B payments network collaboration.
US inflation data primes markets for September rate cut - Industry roundup: 12 July
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.
Japan‘s chipmakers plan US$30 billion investment in semiconductors – Industry roundup: 11 July
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
BIS aims to better monitor developments in global value chains - Industry roundup: 10 July
by Ben Poole
CFO and CEO views differ on sustainability and cost management; Basel Committee consults on principles for sound third-party risk management.
More companies use AI for supply chain management – Industry roundup: 9 July
by Graham Buck
French election “ends pro-business agendaʺ; South Africa to change ETF payments; RBI joins Project Nexus; Ireland's tax windfall continues
All business sectors show growth worldwide for first time in nearly three years - Industry roundup: 8 July
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.