International Finance

Tag : New York

Banking

Deutsche Bank fined for laundering $10 billion for Russians

The German bank has been hit with a $629 million penalty in the US and UK IFM Correspondent February 1, 2017: Germany’s Deutsche Bank has been hit with a $629 million penalty in the US and UK over a $10 billion money laundering scheme that involved its branches in Moscow, New York and London. The...
Economy

Employment grows in the US

Businesses added 175,000 jobs to the US economy in October IFM Correspondent November 4, 2016: US employers hired more workers in October and also hiked the wages of existing workers. Businesses added 175,000 jobs to the US economy in October and 156,000 jobs in September, while the unemployment rate ticked up to 5%. “The expected...
Fintech

Payment authentication company VST Enterprises expands in US

Adds industry heavyweights to business development team and focuses on strategic partnerships growth in North America October 14, 2016: In a decisive move, UK-based VST Enterprises has announced the addition of two former Elavon Vice Presidents to its business development arm in the US. Joseph Cohane, ex Executive Vice President, and Stephanie Sharp, ex Vice...
Fintech

deVere to expand its Miami office

Move part of a strategic expansion August 1, 2016: deVere USA Inc, part of deVere Group, one of the world’s largest independent financial advisory organisations, will expand its Miami office. It has had a presence in the South Florida city since June 2011, but has now moved to larger premises in the main financial district...
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...