International Finance

Category : Banking

Banking

Société Générale and La Banque Postale to expand their joint venture

The two banks will merge their payment systems in a partnership with Sopra Banking Software June 22, 2016: Société Générale, a French multinational banking and financial company and La Banque Postale, a French bank, have signed a memorandum of understanding to expand the operations of their joint venture Transactis, from card transactions to European and...
Banking

‘Banks in Ukraine have experienced increase in volume’

Olexandr Dubilet, Chairman of the board of PrivatBank, on how the bank is coping with the turmoil in the region Suparna Goswami Bhattacharya May 17, 2016 How is the financial sector doing in the context of the current political and economic instability in Ukraine? The economic situation in Ukraine is determined by several factors. First,...
Banking

LCP brings in former FTSE chairman as property fund director

Richard Crowder has experience in growing securities, banking, investment and advisory May 6, 2016: As part of its continued commitment to the highest levels of regulatory oversight, leading Central London property fund and asset management specialist, London Central Portfolio (LCP), is delighted to announce the appointment of Richard Crowder, an experienced FTSE 250 Chairman, as a...
Banking

KBL epb expands UK and Dutch operations

Announces acquisition of Insinger de Beaufort April 14, 2016 : KBL European Private Bankers (KBL epb) – a pan-European network of private banks, present in the UK via its affiliate Brown Shipley – announced that it has entered into a preliminary agreement to acquire Insinger de Beaufort, a leading private bank in the Netherlands that...
Banking

Deposit Solutions appoints Max von Bismarck as CBO and MD

FinTech company accelerates Europe-wide rollout April 14, 2016: Deposit Solutions, the first open architecture platform for retail savings deposits and operator of ZINSPILOT, has strengthened its leadership team with Max von Bismarck as Chief Business Officer and Managing Director. Von Bismarck will work alongside founder Dr. Tim Sievers to support him with the international expansion...
Banking

‘BNU is growing along with Macau’

Interview with Pedro Cardoso, Chief Executive Officer of BNU, which has been a century-old pillar of Macau’s economy March 14, 2016: Banco Nacional Ultramarino, S.A. (BNU) was awarded the ‘Best Socially Responsible Bank Macau 2015’ and ‘Best Retail Bank Macau 2015’ by International Finance Magazine Awards 2015 on its long-standing and unwavering commitment to its...
Banking

WorldRemit partners with UAE Exchange

New services will be rolled out in Africa, Middle East, Asia May 13, 2016: WorldRemit –– has partnered with UAE Exchange, the global remittance, foreign exchange and payment solutions brand — to offer its customers instant money transfers for multiple markets. Through the partnership, WorldRemit customers can now send money instantly to be picked up...
Banking

MyCheck introduces MyWallet SDK

This will help in secure integration of payment in mobile apps and websites March 11, 2016: MyCheck, a leading mobile payment technology platform, announced a new innovative fintech product called the MyWallet SDK that allows developers to enable the secure and convenient management of multiple payment methods across various native apps and websites with a...
Banking

Al Masraf profits increase by 11% in 2015

Profit increase encourages bank to develop more attractive products March 8, 2016: The Arab Bank for Investment and Foreign Trade (Al Masraf) recorded a net profit of AED 405 million in 2015—reflecting a growth of 11 per cent as compared to the AED 366 million profit it posted in 2014. The company’s operating profit also...