Banks

Deutsche Bank Wealth Management hires Claudio de Sanctis

The FINANCIAL -- Deutsche Bank announced that it has hired Claudio de Sanctis as Head of Europe. In this newly formed role, de Sanctis will help boost growth in the region by building on its leading position serving clients in Germany and other domestic ...

Open Architecture Online Platform for Structured Products and Annuities

The FINANCIAL -- Luma Financial Technologies, a new venture formed by co-investors Navian Capital, Bank of America Merrill Lynch and Morgan Stanley, announces the launch of an independent, ...

Results of the July 2018 euro area bank lending survey

The FINANCIAL -- Credit standards for loans to enterprises eased in net terms in the second quarter of 2018, according to the July 2018 bank lending survey ...

Millennial generation most interested in investing to make a positive impact on the world

THe FINANCIAL -- The Millennial generation is four times more likely than older people to invest their money for positive social and environmental impact, new research by Barclays ...

From green to greener

The FINANCIAL -- After pioneering sustainability-linked finance with a landmark credit facility for Philips in 2017, ING is now deepening its commitment to responsible finance with the introduction ...

Deutsche Bank accelerates account openings

The FINANCIAL -- Deutsche Bank accelerates account openings for its corporate and institutional clients by introducing a digital signature. Digitising account openings and document signings will ...

Wells Fargo & Company Announces Redemption of its Series J Preferred Stock

The FINANCIAL -- SAN FRANCISCO -- Wells Fargo & Company announced it will redeem on September 17, 2018 of all of its 8.00% Non-Cumulative Perpetual Class A Preferred Stock, Series J, and the ...

July Royal Bank of Scotland PMI Report

The FINANCIAL -- According to the July Royal Bank of Scotland PMI, private sector companies in Scotland increased output to the greatest extent in four years during July. Business activity was ...

Visa Aims to Strengthen Minority Household Access to Financial Products and Services

The FINANCIAL -- SAN FRANCISCO -- A collaboration between Visa Inc., Filene Research Institute and the Ford Foundation aimed at strengthening access to financial services reached 18,000 underbanked ...

ADB Launches Youth Photo Contest in Run-up to Asia Water Forum 2018

The FINANCIAL -- MANILA, PHILIPPINES (14 August 2018) — The Asian Development Bank (ADB) has launched a photo competition to showcase how youth can contribute to improving water services, water ...

EBRD invests €100 million in Bulgarian Energy Holding’s seven-year bonds

The FINANCIAL -- The EBRD has invested €100 million in a new seven-year €550 million bond issue by the Bulgarian Energy Holding (BEH), the state-owned entity which controls the country’s energy ...

World Bank Mandates Commonwealth Bank of Australia for World’s First Blockchain Bond

The FINANCIAL -- The World Bank has mandated the Commonwealth Bank of Australia (CBA) as the sole arranger of the first bond globally to be created, allocated, transferred and managed through its ...

World Bank Mandates CBA for World’s First Blockchain Bond

The FINANCIAL -- The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has mandated the Commonwealth Bank of Australia (CBA) as the sole arranger of the first ...

ADB President Nakao and FSS Korea Governor Discuss Fintech and Financial Inclusion

The FINANCIAL -- MANILA, PHILIPPINES (7 August 2018) — Asian Development Bank (ADB) President Mr. Takehiko Nakao and Financial Supervisory Service of Korea (FSS) Governor Mr. Suk Heun Yoon, along ...

The most important intelligence isn’t artificial

The FINANCIAL -- A new report offers a glimpse into the future of a career in banking, predicting six surprising new types of jobs and how the digital revolution will evolve the role of people in the ...

Barclays partners with fintech MarketInvoice

The FINANCIAL -- High street bank to take strategic minority stake in ...

Q2 results show good earnings growth in Eurozone

The FINANCIAL -- As more and more companies have reported second quarter earnings in recent weeks, the general mood in markets is more upbeat than many analysts had anticipated. See which areas have ...

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