Investment Banks ‘Overconfident’ on SFTR Compliance, Says New Research
New research from Luxoft, the technology services and consulting partner, has revealed that Tier one, Tier two and Tier three investment banks are overconfident for the
Search Results for: investment banks
European Corporate and Investment Banks are Gambling with their Futures
European corporate and investment banks (CIBs) have lost ground in recent years to American competitors, a study by Eurogroup Consulting. Beyond cyclical factors, this is due
Bento for Business Banks $7 Million in New Investment
In a round led by Comcast Ventures, Bento for Business has raised $7 million in new funding. The Series A also featured the participation of
Digitisation: How Traditional Banks can Modernise and be Savvy with their Money
by Mark Aldred, banking specialist at Auriga As retail banks go through the digitisation of everything from operations to payments, they often allocate huge budgets to
Tink Receives Strategic Investment from PayPal
Open banking platform Tink has announced a strategic investment from PayPal to continue its expansion across Europe. With this investment, PayPal has agreed to partner with Tink to leverage
Bramson Pickle: Rogue Investor Lights a Fire Under Staley as Investment Budget is Cut at Barclays
By Matthew Dove (Senior Editor) Operating expenses at Barclays’ investment unit have dropped to their lowest level since 2015, falling to £1.6bn in the first
Fourteen Banks and Financial Institutions Launch Drive to Develop Multi-Trillion Dollar Trade as an Asset Class
Fourteen leading global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets. ANZ, Crédit Agricole
Paragon Supports British Fintech in £60 Million Investment Plan
The UK’s interest-free-only credit partner DivideBuy has secured over £60m of equity investment and debt financing from private equity investors and UK banks including Paragon.
UK Banks Look to Cut Costs and Get Ahead in Digital Race
With the banks annual reporting season well underway in the UK, analysts are expecting a combined profit of £23.9 billion for the four largest players
Open Banking Platform Tink Announces €56 Million Investment Round
Open banking platform Tink has announced it has completed a €56 million investment round, which is the company’s largest to date. Insight Venture Partners led
