Thursday, Nov 28, 2024

International Finance

Category : Banking

Ohpen gets FCA authorisation to operate in the UK

International Finance Desk
by International Finance Desk
The Dutch fintech and outsourcing provider is aiming to challenge incumbents February 1, 2017: Ohpen has gained approval from the Financial Conduct Authority (FCA) to carry out its regulated activities in the United Kingdom (UK). The approval enables Ohpen to provide its software and outsourcing services to asset managers, banks and insurance companies in the...
Read more

Payments industry expert leaves RBS to Join Chargebacks911

International Finance Desk
by International Finance Desk
Tracy Cray parlays 34 years of banking expertise into new and unparalleled chargeback mitigation services for Chargebacks911 January 31, 2017: Chargebacks911™, a global risk technologies company and an internationally-renowned leader for risk mitigation, announces the appointment of Tracy Cray as Director of Card Scheme Compliance at Chargebacks911’s new Essex location. Tracy Cray, former Chargebacks &...
Read more

Banco Santander’s Q4 profit rose to 1.6 billion euros

International Finance Desk
by International Finance Desk
For 2016, Spain’s biggest bank reported net profit of 6.2 billion euros IFM Correspondent January 27, 2017: Banco Santander SA said fourth quarter profit rose to 1.6 billion euros on lower provisions for bad loans and higher income from fees and from its business in Brazil. Spain’s biggest bank boasted a 4 percent rise in...
Read more

Deutsche Bank completes $7.2 billion deal to settle US claims

International Finance Desk
by International Finance Desk
Was charged with misleading investors on mortgage securities it sold before the 2008 financial crisis IFM Correspondent January 20, 2017: Deutsche Bank AG completed a $7.2 billion deal to resolve US claims that it misled investors on mortgage securities it sold before the 2008 financial crisis, authorities said on January 17. “This resolution holds Deutsche...
Read more

IVSC launches new global standards for valuation profession

International Finance Desk
by International Finance Desk
The IVSC is an independent, not-for-profit organization which sets global standards for valuation practice and the valuation profession January 19, 2017: The International Valuation Standards Council (IVSC), the global standard setter for valuation practice and the valuation profession, has launched IVS 2017, marking an important milestone towards harmonising valuation practice across the world. The IVSC...
Read more

Jeffrey C Taylor Joins Mortgage Bankers Association’s 2017 Board of Directors

International Finance Desk
by International Finance Desk
Taylor is co-founder & Managing Director of Digital Risk IFM Correspondent January 13, 2017: Digital Risk’s co-founder & Managing Director Jeffrey C. Taylor was among those sworn in on January 10 to the Mortgage Bankers Association (MBA) 2017 Board of Directors at the opening ceremony of MBA’s Annual Convention & Expo in Boston, Massachusetts. Digital Risk, headquartered in Orlando,...
Read more

GM expects earnings growth again in 2017

International Finance Desk
by International Finance Desk
US auto major increases stock repurchase program January 12, 2017: General Motors Co. (NYSE: GM) said it expects its 2017 earnings per share (EPS) diluted-adjusted to increase to $6.00-$6.50, up from its 2016 calendar-year outlook of $5.50-$6.00. In 2017, the company also expects to maintain or improve EBIT-adjusted and EBIT-adjusted margin on higher revenues, compared to 2016, and...
Read more

Alibaba’s Jack Ma promises to bring one million jobs to the US

International Finance Desk
by International Finance Desk
Met US president-elect Donald Trump to discuss his plans IFM Correspondent January 12, 2017: During his electoral campaign, Donald Trump often targeted China, blaming the country for US job losses and vowing to impose 45 percent tariff on Chinese imports. He also promised to call China a currency manipulator on his first day in office....
Read more

Synechron survey finds regulation remains top 2017 financial services priority

International Finance Desk
by International Finance Desk
Innovation and automation remain on every firm’s agenda, with 2017 priorities shifting towards tangible business solutions January 9, 2017: Synechron Inc., the digital, business consulting and technology services provider, announced its predictions of top Financial Services Trends for 2017, supported by survey data from TABB Group. The survey of over 200 senior-level, global financial services...
Read more

Uniformity across Direct Banking channels gives a boost to Odeabank

International Finance Desk
by International Finance Desk
Now, Direct Banking channels account for 83% of all transactions of the Turkish bank January 6, 2017: Having entered the Turkish banking industry at the end of 2012, Odeabank maintained steady growth and continued to solidify strong achievements. It capitalised on its competitive strength to rank 8th among private deposit banks and 9th in total...
Read more