Goldman Sachs to pay $2.9bn fine for involvement in 1MDB scandal
The US financial institution has been fined by the US DOJ and various regulators in multiple countries over…
Wells Fargo looks to sell asset management business
23 Oct 20The bank has reportedly held talks with asset management companies and private equity firms over a potential deal
Magnum closes $30m financing round to advance AQUMON platform
23 Oct 20The company's Robo Advisor app AQUMON has shown more than 300% growth in key metrics amid the pandemic
Accor and BNP Paribas become strategic partners to launch a co-branded payment card in Europe
23 Oct 20Members of the ALL-Accor Live Limitless lifestyle loyalty program who subscribe to the card will be able to…
Southwest Bancshares completes merger of three affiliated banks
23 Oct 20The transaction became effective following the close of business on October 21, 2020
Sun Life to acquire 51% stake in Crescent Capital in $338m deal
22 Oct 20The US firm will become a part of Sun Life’s alternative asset management business after completion of the…
Chase introduces new checking account for businesses
22 Oct 20The account enables business owners to begin accepting payments in minutes with same day deposits
ECB enhances internal whistleblowing framework
22 Oct 20The online internal reporting tool is complementary to the ECB’s existing breach reporting mechanism used primarily in banking…
BBVA introduces numberless, CVV-free payment card Aqua in Spain
22 Oct 20Aqua is the first card to feature a dynamic CVV, and supports the digital and physical security by…
Latin American bank BCI selects Temenos lo launch new corporate bank in Peru
22 Oct 20Chile’s BCI selects Temenos core banking, payments and digital front-office technology to launch a new corporate bank in…
