Log in or Register for enhanced features | Forgotten Password?
White Papers | Suppliers | Events | Report Store | Companies | Dining Club | Videos
Banking Business Review
Return to: BBR Home
Top Headlines

Banking Business Review

China's new deposit insurance program to free up banking sector China is set to introduce bank deposit insurance in a bid to protect the interests of depositors and free up the highly protected banking sector to usher in an era of financial stability. News
Astoria Bank deploys Wolters Kluwer’s risk management solutions By BBR Staff Writer
US-based Astoria Bank has implemented Wolters Kluwer Financial Services’ risk, compliance, finance, and audit solutions and services in a bid to keep pace with expanding regulatory and risk requirements.
News China's new deposit insurance program to free up banking sector By BBR Staff Writer
China is set to introduce bank deposit insurance in a bid to protect the interests of depositors and free up the highly protected banking sector to usher in an era of financial stability.
News ECB and BoE announce measures to improve financial stability in EU By BBR Staff Writer
The European Central Bank (ECB) and the Bank of England (BoE) have reached a deal and announced measures that are aimed at improving financial stability in relation to centrally cleared markets in the EU.
News
D+H to acquire payments solutions company Fundtech for $1.25bn By BBR Staff Writer
Canadian financial technology company D+H has signed an agreement to acquire the US-based payments solutions provider Fundtech for $1.25bn to expand its service offerings for global financial institutions and US banks.
News Tangerine bank's new mobile banking app now on Apple Watch By BBR Staff Writer
Canada’s direct bank Tangerine has announced the availability of its new mobile banking app on Apple Watch, claiming to be one of the first such apps.
News RBS to sell private banking and wealth management business to UBP By BBR Staff Writer
The Royal Bank of Scotland (RBS) is set to sell its International Private Banking and Wealth Management business to Switzerland's Union Bancaire Privée (UBP), as part of an agreement.
News

Latest News and Insight by Sector

Banking Services

D+H to acquire payments solutions company Fundtech for $1.25bn
By BBR Staff Writer
Canadian financial technology company D+H has signed an agreement to acquire the US-based payments solutions provider Fundtech for $1.25bn to expand its service offerings for global financial institutions and US banks.
News
RBS to sell private banking and wealth management business to UBP
By BBR Staff Writer
The Royal Bank of Scotland (RBS) is set to sell its International Private Banking and Wealth Management business to Switzerland's Union Bancaire Privée (UBP), as part of an agreement.
News

Wealth & Assets Management

US mutual fund companies transfer dollars into collective investment trusts
By BBR Staff Writer
Mutual fund companies in the US including No. 2 Fidelity Investments have transferred dollars into collective investment trusts (CITs) and cut down fees on their popular funds in a bid to trim expenses.
News
Bank of America financed controversial trades using US banking unit
By BBR Staff Writer
Bank of America has financed controversial trades using its banking subsidiary in the US, Bank of America National Association.
News

Intermediaries

Indian regulator announces new guidelines for banks
By BBR Staff Writer
India’s Securities and Exchange Board of India (Sebi) has announced a series of guidelines to allow banks to convert distressed debt into equity at a mutually agreed valuation.
News
Bank of New York Mellon agrees to pay $714m to settle forex allegations
By BBR Staff Writer
Bank of New York Mellon has agreed to pay $714m to settle allegations of fraud as well as other misconduct related to overcharging pension funds and other clients for foreign exchange services.
News

Technology

Heartbeat ID technology under trial at Halifax
By BBR Staff Writer
A new biometric technology is currently under trial at British bank Halifax, which will identify customers through their heartbeats for a safer online banking experience.
News
RBS unveils fingerprint recognition technology for mobile banking
By BBR Staff Writer
Royal Bank of Scotland (RBS) has launched new 'Touch ID' technology for its RBS and NatWest customers to enable them to log on to their mobile banking app using only their fingerprints.
News

Policies & Regulatory Compliance

British government further reduces stake in Lloyds through £500m share sale
By BBR Staff Writer
The British government has further reduced its stake in the Lloyds Banking Group for the second time by selling company shares worth £500m, reducing its share from around 40% in 2009 to below 23% now.
News
European Banking Authority decides not to perform stress tests in 2015
By BBR Staff Writer
The European Banking Authority (EBA) has decided not to run EU-wide stress tests in 2015, which were aimed at gauging European banks' capacity to withstand shocks with sufficient core capital.
News

Risk Management

Astoria Bank deploys Wolters Kluwer’s risk management solutions
By BBR Staff Writer
US-based Astoria Bank has implemented Wolters Kluwer Financial Services’ risk, compliance, finance, and audit solutions and services in a bid to keep pace with expanding regulatory and risk requirements.
News
European Banking Authority decides not to perform stress tests in 2015
By BBR Staff Writer
The European Banking Authority (EBA) has decided not to run EU-wide stress tests in 2015, which were aimed at gauging European banks' capacity to withstand shocks with sufficient core capital.
News