Bank of Ireland to cut jobs in efficiency drive
Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.
Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.
A new funding vehicle for providing growth-stage capital to UK fintechs has launched with support from Barclays, London Stock Exchange Group, Mastercard, NatWest and Peel Hunt.
Revolut is adding the ability to buy and sell corporate and government bonds for its users across Europe.
Coventry Building Society’s £780 million takeover of the Co-operative Bank has been given regulatory approval.
Standard Chartered has launched a digital asset custody service in the UAE.
London-based RegTech Kaizen has secured a $42 million minority investment from Boston-based Guidepost Growth Equity, setting the stage for an expansion in North America.
The Australian Securities Exchange (ASX) is planning to turn to a third party to replace its ageing clearing and settlement system.
Climate-related startups are beating the wider downturn in fintech funding, with Europe leading the way, according to new data from CommerzVentures, the VC funded by Germany’s Commerzbank.
Two former precious metals traders at JPMorgan Chase have been sentenced to prison for engaging in fraud, attempted price manipulation, and spoofing as part of a market manipulation scheme that spanned over eight years, involved tens of thousands of unlawful trading sequences, and resulted in over $10 million in losses to market participants.
International securities regulator Iosco has set out nine policy recommendations designed to address market integrity and investor protection concerns connected to decentralised finance (DeFi).
Wall Street broker Charles Schwab has splashed out $660m to acquire investment platform Forge Global in a sign of the growing interest in private investment markets.
Revolut has been granted a trading licence by the Financial Conduct Authority, paving the way for the fintech to start offering UK-listed stocks.
Goldman Sachs is in talks with potential partners as it looks to spin out its blockchain-based technology platform, GS DOS.
Middle Eastern investment bank EFG Hermes has acquired a minority stake in Danish fintech Kenzi Wealth.
The SME Finance Taskforce has released its coalition plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.