EIB Group and BNP Paribas launch new securitisation operation to support French companies facing the consequences of the Covid-19 crisis
The financing operations may take the form of bank loans or leasing transactions
Industry News
Trump signs executive order to ban transactions with eight Chinese apps
07 Jan 21The apps include Alipay, CamScanner, QQ Wallet, Tencent QQ, and WeChat Pay
FCA fines TFS-ICAP £3.44 million for market misconduct
24 Nov 20TFS-ICAP did not react to warning signs that printing might be taking place or act to address the…
ION to sell Broadway’s fixed income unit to resolve competition concerns
11 Nov 20The competition concerns were raised by the UK watchdog after it launched initial investigation into the merger of…
UK retailers urge government to tackle excessive card costs
21 Oct 20Last year, cost to the UK retailers for accepting payments reached £1.1bn, of which £950m were from card…
Tech Nation launches Fintech Pledge to support UK fintech industry
15 Sep 20Barclays, Lloyds Banking Group, HSBC, NatWest Group, and Santander are the early signatories of the Fintech Pledge
Indian public sector banks introduce doorstep banking services
10 Sep 20Financial services under the doorstep banking service will be offered from next month
TD Bank fined $122m for violating overdraft rules
21 Aug 20The fine includes $97m as reimbursement for 1.42 million customers and $25m as civil penalty
UK’s HM Treasury launches review for strengthening fintech sector
21 Jul 20The review is expected to help in determining priority areas for industry, policy makers, and also regulators to…
Spain: EIB Group and Santander provide almost €760m for SMEs affected by COVID-19
14 Jul 20The EIB is providing this loan as part of its initial package of emergency measures to support European…
