Smaller banks must rely on agility to be competitive against their larger, but slower-moving, rivals when it comes to implementing digital measures and rolling out new products
The second phase of European Union’s 2007 Markets in Financial Instruments Directive (MiFID) II comes into effect starting January 2018. It will not only extend the scope of financial instruments under coverage but also require extensive record keeping setting firms across the EU for a big compliance challenge.
Newly appointed AkzoNobel CEO Thierry Vanlancker takes over the Dutch paint company at a time when it faces an ongoing battle with its biggest shareholder, Elliott Management, and several hostile takeover attempts from US rival PPG Industries.
The Swedish payments platform's huge customer base gives it an advantage as it expands into banking and other product lines.
Damian Glendinning, Lenovo’s treasurer, explains why the world’s biggest PC maker opted for a dual-tranche financing transaction using a perpetual security.
First developed in 2008 by Satoshi Nakamoto—whose identity remains a mystery—as a public ledger for all bitcoin transactions, blockchain is now outshining the cryptocurrency it underpins as it offers banks and others the benefits of a distributed ledger, i.e., an ...
Alipay is partnering with banks around the world to provide its Chinese customers with seamless service at their preferred tourist destinations, with Italy’s UniCredit Bank following France’s BNP Paribas and Barclays in the UK.
Facing increasing competition from Amazon and Alibaba, India’s Flipkart ecommerce platform has turned to Microsoft, Tencent and eBay for financial, technical and market support.
Japanese banks piloted domestic and cross-border payments successfully through the Cloud with Ripple.
Just months after receiving its banking license, Berlin-headquartered mobile-only bank N26 is active in 17 eurozone countries. The rapid rollout was made possible by N26 linking up with innovative partners, including TransferWise (intercurrency transfers), Vaamo (N26 Invest) and Barzahlen (Cash26).
ExonMobil’s CEO Rex Tillerson went overnight from dark-horse candidate to president-elect Donald Trump’s nominee for secretary of State. If confirmed, Tillerson might prove to have the toughest position in the new cabinet as he wrestles with strife around the world and a new relationship with Russia.
Naspers Group Head of treasury Jaco van der Merwe talks with Global Finance about managing complex foreign exchange transactions.
Singapore chosen as a top fintech hub in Connecting Global FinTech: Hub Review 2016 by Deloitte and All Street Research.
After 17 years of construction, the Gotthard Base Tunnel, connecting Northern and Southern Europe through the Alps, opened to great fanfare on June 1, and shone a light on years of lax investment in infrastructure by European nations generally.