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Barclays announces £500m provision for forex manipulation probe British banking and financial services company Barclays has set aside £500m in the third quarter to settle probe into the alleged manipulation of the foreign-exchange (forex) market. Banking Services > Retail Banking > News
Liechtensteinische Landesbank, Avaloq unveil investment advisory platform Liechtensteinische Landesbank, Avaloq, and swissQuant Group have established a partnership for the development of a future-oriented IT platform for investment advisory. Already in one year LLB clients will profit from further innovative products and individualised advisory offers.
News Temenos launches mobile banking solution for retail banks Temenos, the market-leading provider of mission-critical solutions to the financial services industry, today announces the availability of its Temenos Connect Mobile Banking solution for retail banks – the first retail mobile banking solution to be underpinned by a user experience platform (UXP) that drives multi-device banking solutions.
News Fiserv launches Popmoney platform to streamline payments Fiserv, a leading global provider of financial services technology solutions, announced today the launch of Popmoney for Disbursements, a new service that streamlines and speeds the currently check-dominated process used by businesses to send payments to consumers.
News
Barclays announces £500m provision for forex manipulation probe By BBR Staff Writer
British banking and financial services company Barclays has set aside £500m in the third quarter to settle probe into the alleged manipulation of the foreign-exchange (forex) market.
News US reopens probe into Standard Chartered’s role in sanctions violations By BBR Staff Writer
The US regulators have reopened investigations to determine whether Standard Chartered withheld information regarding dealings with countries sanctioned by the US, including Iran.
News US Court of Appeals upholds $203m fine on Wells Fargo Bank By BBR Staff Writer
The US Court of Appeals for Ninth Circuit has upheld the decision of district judge William Alsup over $203 fine imposed on Wells Fargo Bank for deceiving customers.
News

Latest News and Insight by Sector

Banking Services

Temenos launches mobile banking solution for retail banks
Temenos, the market-leading provider of mission-critical solutions to the financial services industry, today announces the availability of its Temenos Connect Mobile Banking solution for retail banks – the first retail mobile banking solution to be underpinned by a user experience platform (UXP) that drives multi-device banking solutions.
News
Fiserv launches Popmoney platform to streamline payments
Fiserv, a leading global provider of financial services technology solutions, announced today the launch of Popmoney for Disbursements, a new service that streamlines and speeds the currently check-dominated process used by businesses to send payments to consumers.
News

Wealth & Assets Management

Aegon Asset Management selects SimCorp platform for Netherlands operations
SimCorp, leading provider of investment management solutions and services for the global financial services industry, today announced that Aegon Asset Management has chosen SimCorp Dimension as the new back office platform for its Netherlands operations.
News
Natixis Global Asset Management to acquire NexGen Financial for C$35m
Natixis Global Asset Management (Natixis) and NexGen Financial Corporation (NexGen) announced today that NexGen and a wholly-owned subsidiary of Natixis have entered into an agreement in which Natixis will acquire all of the outstanding common shares of NexGen for consideration consisting of CA$7.25 cash per common share, for an enterprise value of approximately CA$35 million.
News

Intermediaries

FINRA penalises two Merrill Lynch divisions over Regulation SHO violations
By BBR Staff Writer
Two Merrill Lynch divisions were censured and fined a total of $6m by the Financial Industry Regulatory Authority (FINRA) for violation of Regulation SHO and supervisory failures.
News
Prudential Elite, REALTORS join Berkshire Hathaway HomeServices real estate brokerage network
By BBR Staff Writer
Berkshire Hathaway HomeServices, the real estate brokerage network operated by HSF Affiliates LLC, today announced that Prudential Elite, RELATORS® has joined the network and is now operating as Berkshire Hathaway HomeServices Sarver Realty.
News

Technology

Numerix unveils Numerix Model Validation Studio for enterprise model risk management
Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, has introduced a new technology for Enterprise Model Risk Management - Numerix Model Validation Studio.
News
smartTrade Technologies launches smart-FI solution
smartTrade Technologies, a global leader in sophisticated cross-asset liquidity management solutions, today announces the launch of a new end-to-end trading solution designed for Fixed Income and OTC derivatives businesses. smart-FI is available immediately and will appeal to both sell and buy side institutions looking to electronify and re-vamp their Fixed Income infrastructure.
News

Policies & Regulatory Compliance

Barclays announces £500m provision for forex manipulation probe
By BBR Staff Writer
British banking and financial services company Barclays has set aside £500m in the third quarter to settle probe into the alleged manipulation of the foreign-exchange (forex) market.
News
US reopens probe into Standard Chartered’s role in sanctions violations
By BBR Staff Writer
The US regulators have reopened investigations to determine whether Standard Chartered withheld information regarding dealings with countries sanctioned by the US, including Iran.
News

Risk Management

Numerix unveils Numerix Model Validation Studio for enterprise model risk management
Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, has introduced a new technology for Enterprise Model Risk Management - Numerix Model Validation Studio.
News
Wells Fargo launches accelerator programme to support fintech start-ups
By BBR Staff Writer
American banking and financial services company Well Fargo has launched a new Startup Accelerator programme to support firms that develop financial technology (fintech) products.
News

Australia Construction Equipment: Market Update 10 November 2013 This report is the result of Timetric’s extensive market research covering the construction equipment market in Australia. It contains detailed data on market dynamics along with latest industry happenings and leading industry players. "Australia Construction Equipment: Market Update" provides a top-level overview and detailed insight into the operating environment of the construction equipment market in Australia. It is an essential tool for companies active across Australia construction value chain and for new players considering to enter the market. Reports Buy online from $700