UBS CEO Sergio Ermotti to become Swiss Re chairman
Sergio Ermotti is due to step down as chief executive of UBS Group in November...
Tag : banking
National Bank of Fujairah and Ripple to facilitate cross border payments
The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank...
HSBC combines wealth and retail banking to create new global business
The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally...
DBS, OCBC adopt blockchain in trade finance to boost digitalisation
The Singaporean banks issued their first electronic banker's guarantee on the Singapore Customs Electronic Banker's Guarantee Programme...
Saudi Arabia reviews two new digital banking applicants
The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations...
Standard Chartered launches 8 African digital-only banks within a year
The decision to launch digital-only retail banks was driven by increasing consumer demand...
Deutsche hires senior leaders to improve trade finance in APAC
The bank appointed Chintan Shah as the head of cash management and Sebastien Avot as the head of trade finance...
Phongsavanh Bank is focused on becoming the bank of first choice in Laos
Chief Risk Officer Johnson Abraham in an interview with International Finance spells out the bank’s efforts over the years — and its ambition in the long run...
British fintech Revolut secures $500 mn funding to fuel expansion
The UK startup digital bank is now valued at $5.5 bn...
Banks will seek blockchain adoption in next three to five years
JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...