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Banks place open data access firmly on the agenda following inquiry

by Nehad Kenanie | Mar 7, 2017 | Australia, Regulatory & Government, Technology, Uncategorised

(7 March 2017 – Australia) Australia’s “big four” banks have agreed to allow open access to customer data following a  parliamentary inquiry that recommended banks be forced to give access to customer data to help fintechs now pushing...

New ANZ online tool helps Australian businesses expand internationally

by Nehad Kenanie | Mar 7, 2017 | Australia, New Products, Technology, Trade Finance, Uncategorised

(7 March 2017 – Australia) ANZ Group has launched a new digital tool to help Australian businesses plan for international expansion with a one-stop-shop that provides data-driven insights to support export plans. ANZ Be Trade Ready offers businesses information...

HSBC eyes India expansion as rivals retreat

by Nehad Kenanie | Mar 6, 2017 | India, Operations, Uncategorised

(6 March 2017 – India) HSBC is preparing to wrest market share in India as its multi­national rivals shrink into their home markets. The UK­based lender is banking on its global network and relatively good capital position to increase exposure to large...

Transaction banking acquisitions on the cards for BNP Paribas

by Nehad Kenanie | Mar 6, 2017 | Europe, France, Operations, Transaction Banking, Uncategorised

(6 March 2017 – Europe) A senior executive at French bank BNP Paribas has said it would take over another cash management and trade finance business in Europe if the opportunity arose.Jacques Levet, head of transaction services for Europe, Middle East and Asia,...

Deutsche planning major reorganisation

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,...
6 March 2017 – Trust in short supply as Top 3 dominates Trade Services in Asia

6 March 2017 – Trust in short supply as Top 3 dominates Trade Services in Asia

by Brett Williamson | Mar 6, 2017 | Asia, Market Share, Press Release, Research, Trade Finance, Uncategorised, Wallet Share

A staggering 75 percent of Corporates in Asia say that when it comes to Advice, they would use referrals or personal networks over their own bankers, the latest research from banking analysts East & Partners Asia (E&P) has found.The Asian Institutional Trade...
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