EU advises British banks to relocate to avoid ‘no-deal’ Brexit impact
The European Commission has urged British banks and insurance companies to relocate to the continental Europe in order to avoid…
Month: December 2018
Middle East banking market: digital edge over Africa’s mobile banking offerings
Middle Eastern banking market has invested heavily in digital technology over recent years. Both the Middle East and African banks…
ByPayments company Square to re-apply for banking licence
US payments processing company Square is set to reapply for a banking licence, months after it withdrew its first application.…
Fintech start-up B-Social receives £3.2m investment
UK-based fintech firm B-Social has secured £3.2m in a seed funding round from investors. Names of the investors participating in…
Barclays fined $15m in US for trying to identify whistleblower
The New York State Department of Financial Services (DFS) in the US has fined Barclays Bank and its New York…
IDBI Bank receives LIC’s acquisition offer
Indian state-owned IDBI Bank confirmed that it has received the final letter from Life Insurance Corporation of India (LIC) for…
IDFC Bank wraps up merger with Capital First
Indian private sector lender IDFC Bank has completed its merger process with Warburg Pincus-backed Capital First. The company has secured…
RBC one of those implicated in Facebook privacy scandal
The Royal Bank of Canada (RBC) has been named in the latest Facebook privacy scandal. In documents uncovered by the…
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