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New York Governor calls for halt of KeyCorp’s $4.1bn acquisition of First Niagara New York Governor Andrew M. Cuomo is calling the federal officials to block KeyCorp’s proposed acquisition of First Niagara Financial over anti-trust concerns. Banking Services > Commercial Banking > News
Optus introduces payment accessories to Cash by Optus Optus today has announced new payment accessories, a band and a sticker, for its mobile payment facility, Cash by Optus.
Banking Services > Payments > News BIL Manage Invest receives CSSF approval to launch its Lux Multimanager SICAV UCITS platform BIL Manage Invest, the third-party management company of the Banque Internationale à Luxembourg (BIL) Group has received approval from the CSSF1 to launch its Lux Multimanager SICAV, a hosted “rent-a-compartment” UCITS fund platform.
Wealth & Assets Management > Asset Management > News New York Governor calls for halt of KeyCorp’s $4.1bn acquisition of First Niagara By BBR Staff Writer
New York Governor Andrew M. Cuomo is calling the federal officials to block KeyCorp’s proposed acquisition of First Niagara Financial over anti-trust concerns.
Banking Services > Commercial Banking > News
US regulator imposes fine on US Bank and Santander to settle mortgage servicing issues By BBR Staff Writer
The US Office of the Comptroller of the Currency (OCC) has slapped fines of around $14m on the US Bank National Association (US Bank) and Santander Bank to settle mortgage servicing-related issues.
Intermediaries > ECN & Exchanges > News Mashreq introduces new corporate credit card Mashreq, one of the leading financial institutions in the UAE, has launched a new premium credit card tailored for corporates that enables them to streamline their business expense management, while offering unparalleled benefits to their employees.
Banking Services > Cards > News FIME Accredited by NPCI to Offer RuPay Chip Validation Services in India Indian banks seeking to issue EMV chip payment cards on the RuPay payment scheme can now work with FIME to validate their card personalization in line with the National Payments Corporation of India's (NPCI) requirements.
Banking Services > Cards > News

Latest News and Insight by Sector

Banking Services

Optus introduces payment accessories to Cash by Optus
Optus today has announced new payment accessories, a band and a sticker, for its mobile payment facility, Cash by Optus.
Banking Services > Payments > News
New York Governor calls for halt of KeyCorp’s $4.1bn acquisition of First Niagara
By BBR Staff Writer
New York Governor Andrew M. Cuomo is calling the federal officials to block KeyCorp’s proposed acquisition of First Niagara Financial over anti-trust concerns.
Banking Services > Commercial Banking > News

Wealth & Assets Management

BIL Manage Invest receives CSSF approval to launch its Lux Multimanager SICAV UCITS platform
BIL Manage Invest, the third-party management company of the Banque Internationale à Luxembourg (BIL) Group has received approval from the CSSF1 to launch its Lux Multimanager SICAV, a hosted “rent-a-compartment” UCITS fund platform.
Wealth & Assets Management > Asset Management > News
Bank of Georgia merges corporate banking and investment management businesses
By BBR Staff Writer
BGEO has announced the merger of Bank of Georgia's corporate banking and investment management businesses into a corporate investment banking business.
Wealth & Assets Management > Asset Management > News

Intermediaries

US regulator imposes fine on US Bank and Santander to settle mortgage servicing issues
By BBR Staff Writer
The US Office of the Comptroller of the Currency (OCC) has slapped fines of around $14m on the US Bank National Association (US Bank) and Santander Bank to settle mortgage servicing-related issues.
Intermediaries > ECN & Exchanges > News
Walter Investment acquires certain assets of RCS and addition of subservicing
By BBR Staff Writer
Walter Investment Management has completed the acquisition of certain assets from Residential Credit Solutions (RCS), a wholly owned subsidiary of American Capital Mortgage Investment Corp, through its wholly owned subsidiary Ditech Financial.
Intermediaries > ECN & Exchanges > News

Technology

Report says data sharing could improve competition in UK banking sector
A new report from the Open Banking Working Group (OBWG) revealed that data sharing between banks could help consumers compare banking products and encourage competition in the sector.
Policies & Regulatory Compliance > News
ACI Worldwide to offload community financial services unit for $200m
By BBR Staff Writer
Payment systems company ACI Worldwide has agreed to divest its community financial services (CFS) business to Fiserv in a $200m deal.
Technology > Banking Technology > News

Policies & Regulatory Compliance

Report says data sharing could improve competition in UK banking sector
A new report from the Open Banking Working Group (OBWG) revealed that data sharing between banks could help consumers compare banking products and encourage competition in the sector.
Policies & Regulatory Compliance > News
Seamless Partners with Xpress Money and enters the international money transfer market
In 2015, approximately $601 billion[1] was transferred by foreign workers to their families residing in their home countries with an average transfer fee of 7.37% (Q4 2015)[2].
News

Risk Management

European Central Bank probes euro zone banks' bad loans
By BBR Staff Writer
The European Central Bank (ECB) has reportedly launched an investigation into euro zone banks to assess how the banks are managing bad loan holdings.
Risk Management > News
Italy launches €3.6bn plan to rescue troubled banks
By BBR Staff Writer
The Italian government has launched a €3.6bn plan to rescue four small and midsize local banks that are in trouble.
News