by Nehad Kenanie | Mar 6, 2017 | Europe, Executive Changes, Germany, Operations, Transaction Banking, Uncategorised
(6 March 2017 – Europe) Deutsche Bank plans to raise capital, list its asset management business and overhaul its business structure as it tries to reinvent itself after spending two years dealing with its past misdeeds and huge losses.The strategic revamp,...
by Nehad Kenanie | Mar 3, 2017 | Australia, FinTech, Technology, Uncategorised
(3 March 2017 – Australia) Bank of Queensland will this week host more than 130 aspiring entrepreneurs at a fintech hackathon.The event is being staged from 3-5 March at Q-Labs in Brisbane. The bank’s group executive and chief operations,...
by Nehad Kenanie | Mar 3, 2017 | Research, Trade Finance, UK, Uncategorised
(3 March 2017 – United Kingdom) Due to its attractive role and importance in corporate off-balance sheet funding, supply chain finance has been attracting intense interest in the last few years, and particularly in relation to the contribution it can make to...
by Nehad Kenanie | Mar 3, 2017 | Lending, UK, Uncategorised
(2 March 2017 – United Kingdom) Virgin Money is considering entering the small business banking market with aid from the Royal Bank of Scotland under new Treasury plans to boost competition in the sector.Speaking to the Financial Time (FT), Virgin Money’s...
by Nehad Kenanie | Mar 3, 2017 | Asia, New Products, Uncategorised
(2 March 2017 – Asia) According to United Overseas Bank (UOB), it has launched Southeast Asia’s first virtual accounts payable solution, the UOB Virtual Payment Solutions suite.The bank says the new platform will assist “companies in raising their...
