Latest Banking News
MasterCard, Borderlinx collaborate to enhance eCommerce experience
MasterCard Worldwide has entered into an agreement with Borderlinx, a Belgium-based provider of eCommerce management solutions, to offer MasterCard customer financial institutions and their cardholders with improved access to the global eCommerce marketplace.
Published: 31-Aug-2010
Chinese regulator grants Northern Trust license for Beijing branch office
China Banking Regulatory Commission has granted Northern Trust license for Beijing branch office.
Published: 31-Aug-2010
CME Group to launch OTR US Treasury futures
CME Group, a US based derivatives marketplace, will launch On-the-Run (OTR) US Treasury futures beginning 25 October 2010.
Published: 31-Aug-2010
Excel India Fund merges with Excel India Trust
Excel Funds Management, a Canada-based mutual fund company, has merged the Excel India Fund with the Excel India Trust, an open-ended mutual fund managed by Excel.
Published: 31-Aug-2010
South Canterbury Finance collapses
New Zealand's South Canterbury Finance (SCF) has collapsed after it failed in its attempts to recapitalize.
Published: 31-Aug-2010
Mirus Futures names new CFO
Mirus Futures, a futures broker for CTAs, self-directed traders and automated systems developers, has named Martin Franchi as its new CFO.
Published: 31-Aug-2010
Bank of Queensland introduces FX payments via internet banking
Australia-based Bank of Queensland (BOQ) has enhanced online banking capabilities by introducing foreign exchange payments via internet banking.
Published: 31-Aug-2010
Singapore Exchange proposes metals futures contracts introduction
Singapore Exchange (SGX) has proposed the introduction of non-ferrous metals futures contracts for trading on the SGX derivatives market.
Published: 31-Aug-2010
Hastings Building Society agrees to merge with SBS Bank
Members of the Hastings Building Society (HBS) have agreed in favor of the proposed merger with New Zealand-based customer-owned community bank SBS Bank.
Published: 31-Aug-2010
HSBC sells US auto loan business to Santander
HSBC has completed the sale of its remaining US consumer finance auto loan run-off portfolio to Santander Consumer USA (SC USA).
Published: 31-Aug-2010
