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BNP Paribas, HSBC, Citadel Securities and SoFi join a16z-led round, as Visa and JPMorgan deepen their use of the blockchain network Digital Asset, the firm behind the Canton Network, has raised $355 million in a…
The C$130 million round, backed by Mubadala and Shopify’s Tobi Lütke, values…
RELATED NEWS
Wealth & Investment
View MoreThe central bank widens access to government bonds, eases equity investment rules and introduces concessional…
The yuan-denominated Panda bond signals Brasília’s push to reduce dollar dependence as relations with Washington…
The platform rollout, paired with a recent core systems upgrade, aims to give relationship managers…
The Singapore lender is betting on face-to-face advisory as Asia’s affluent wealth pool approaches $4.7…
Singapore’s third-largest bank is hiring relationship managers and chasing a bigger share of Asia’s fast-growing…
Banking
More from PoliticsThe first cross-border use of Singpass removes the need for manual documentation, targeting Singaporean entrepreneurs expanding into Malaysia OCBC Malaysia has become the first bank to use Singapore’s national digital…
The constitutional amendment removes the bank from the federal budget — a direct challenge to Lula’s influence over monetary policy A…
At least five lenders have lifted rates to or above the US SOFR benchmark, in a move traders say is designed to slow yuan appreciation Several Chinese banks have raised…
The agreement covers monetary policy, financial stability, payments and digital finance…
The Federal Court found the bank missed statutory deadlines on more…
Wealth fees hit a record as margin pressure mounts, but the…
A record Vietnamese syndication and a Singapore shipyard deal show what…
The 180-year-old insurer is betting its customer data and integrated financial model can carve out space in an increasingly crowded digital banking…
Three new features go live as BofA deepens its consumer loyalty push Bank of…
The constitutional amendment removes the bank from the federal budget — a direct challenge…
The Dutch lender is moving away from product-led banking with a tiered plan structure…
Payments & Cards
The integration enables instant peer-to-peer transfers between the two countries via mobile banking apps and digital wallets India and Nepal have launched a direct payment linkage between India’s Unified Payments Interface and Nepal’s National Payments Interface, enabling real-time, cross-border money…
Digital Assets
Fintech
The C$130 million round, backed by Mubadala and Shopify’s Tobi Lütke, values the challenger at…
AI & Technology
Singapore’s second-largest bank plans to spend more than S$1 billion annually on AI, digital and data initiatives Oversea-Chinese Banking Corp, Singapore’s second-largest bank, plans to hire 600 additional relationship managers over the next three years, its executives said on Wednesday…
Deputy Governor Sarah Breeden says existing frameworks were not built for autonomous agents, as…
Recruits will join a 1,000-strong AI team ahead of chief executive Charlie Nunn’s new…
Singapore events draw more than 250 corporate and financial institution leaders as regional payments…
Wall Street bank among first in the sector to adopt the technology widely as global…
Bank of America has launched an AI-powered meeting solution across its wealth management businesses, Merrill…
Insurance
Mergers & Acquisitions
The deal brings a two-million-user youth banking platform into Barclays UK, with US…
Raiffeisen Bank International has now received acceptances covering more than half of Addiko’s…
Commerzbank says no institutional investor has tendered shares into the €40 billion offer;…
Finance Minister Jan Jambon opted for a private sale over an IPO, citing…
The deal gives Scotiabank FDIC deposit insurance to support its Mortgage Capital Markets…
Appointments
View MoreIncome Insurance Limited has announced the appointment of Lim Sim Seng as Chairman of…
The former Deutsche Bank dealmaker brings over 25 years of experience as Standard Chartered…
Speaking at the Swiss Economic Forum, Ermotti addressed his own tenure as the bank…
He moves from Executive Director of Indian Bank, filling the role left vacant since…
The changes, effective August, unify customer-facing functions under fewer leaders as Mastercard’s stablecoin and…