HSBC’s new Mandarin-speaking CEO reveals British lender’s deepening Asia pivot
HSBC Holdings Plc staff entering Georges Elhedery’s office in Dubai used to joke that it felt like walking into a ...
Tag: Bloomberg
Germany threatens fintech Solaris with fines over slow fixes
German bank Solaris SE faces financial penalties if it doesn’t meet deadlines for fixing controls, after failing to do so ...
Bain, Reverence near $3.5 Billion deal for Envestnet
Bain Capital and Reverence Capital Partners have agreed a deal to take Envestnet Inc., a provider of wealth-management software, private.blo ...
Citi fined $136M for failing to fix regulatory issues
Citigroup Inc. will pay almost $136 million in fines to US bank regulators over issues related to data-quality management and ...
Evolve Bank & Trust confirms data was stolen in cyber attack
Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted ...
NatWest agrees to acquire Sainsbury’s retail banking unit
NatWest Group Plc has agreed to acquire J Sainsbury Plc’s banking business as the British lender looks to seize more ...
BBVA plans to start digital bank in Germany to rival JPMorgan
Banco Bilbao Vizcaya Argentaria SA is planning to open a digital consumer bank in Germany, using existing technology to expand ...
Judge likely to reject $30B Visa, Mastercard fee deal
A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by ...
Starling Bank earnings lifted by higher interest rates
Starling Bank reported its third annual profit after higher interest rates helped boost revenue, as the British mobile lender seeks ...
JPMorgan says every new hire will get training for AI
JPMorgan Chase & Co. is immersing every new banking employee in artificial-intelligence training, preparing them for a technology Chief Executive ...
