25 Apr, 2024 CRO letter from PRA: Thematic review of private equity related financing – what do banks need to do before the August 2024 deadline? By Premlata Fagan In recent months regulatory focus has been on the scale, breadth, complexity and interconnectedness of banks’ private equity related...
24 Apr, 2024 When Can the Government be Sued - Under the "Sovereign Immunity Doctrine"? By Jeffrey Nix Most everyone has heard of the “sovereign immunity doctrine” or SID. Simply put, SID means no person or entity can sue the government...
23 Apr, 2024 Revolut plans advertising sales push as it waits for banking licence By Cristobal de Atucha Revolut is exploring plans to monetize customer data through sharing it with advertising partners, as the fintech seeks new sources of...
22 Apr, 2024 Move aside, big banks: giant funds now rule Wall Street By Sarah Wolter Top firms now control sums rivaling the economies of many large countries. They are pushing into new business areas, blurring the lines...
18 Apr, 2024 Fintech Revolut bets on Mexico growth, expects remittances as driver By Cristobal de Atucha Financial technology company Revolut expects strong growth prospects in Mexico where it aims to dedicate more than $100m this year, the...
18 Apr, 2024 La composizione negoziata nel nuovo Codice della Crisi: come le banche possono tutelarsi By Paolo Rinaldi Tra le novità introdotte dal nuovo Codice della Crisi e dell’Insolvenza (d. lgs. 12 gennaio 2019, n. 14 - testo coordinato), la...
18 Apr, 2024 UK digital bank Zopa turns profit as it eyes IPO By Cristobal de Atucha Zopa, the UK digital bank backed by SoftBank, has swung to profitability, taking the fintech group a step closer to an anticipated public...
16 Apr, 2024 Resurgent Banks: Drawing in the Slack in Financing Deals By Adam Garrod When it comes to financing deals, the dominance of major Wall Street banks is proving more resilient than previously suggested,...
12 Apr, 2024 Google Cloud wins major FS deals By Jack Storrs Google Cloud has teamed up with Citadel for its next-generation quantitative research technology platform, with Discover to introduce...
12 Apr, 2024 Fintech Revolut receives Mexican banking authorization, eyes expansion By Jack Storrs Revolut received a banking license in Mexico and is preparing to expand operations in Latin America's second largest economy with an aim...
12 Apr, 2024 Santander to launch Openbank digital bank in U.S., Mexico By Jack Storrs Openbank serves 2m customers in four European countries — Spain, Portugal, Germany and the Netherlands — and has €18b in deposits.
12 Apr, 2024 Been there, doing that: How corporate and investment banks are tackling gen AI By Parker Jay-Pachirat Wholesale banks have vast expertise in traditional AI. It’s a sound investment that is paying off again as generative AI takes hold.
12 Apr, 2024 Legal Entity Identifiers (LEIs): An introduction By Jeremy Ladyman A legal entity identifier (LEI) is a 20-character alphanumerical code that is unique to the entity it is allocated to. It is associated...
11 Apr, 2024 The worst part of a Wall Street career may be coming to an end By Sarah Wolter Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future...
04 Apr, 2024 Chase shows super app ambitions with media platform launch By Sarah Wolter J.P. Morgan Chase unveiled its latest venture, a retail media network called Chase Media Solutions, marking a move toward personalized...
03 Apr, 2024 Fed blocks tough global climate rules for Wall Street banks By Sarah Wolter European central bankers have been advocating for the Basel Committee on Banking Supervision to agree on requiring lenders to disclose...