EBRD announces new $55m loan to Turkey’s Garanti BBVA
The European Bank for Reconstruction and Development (EBRD) is providing a new boost to Turkey’s banking sector amid the coronavirus pandemic with a US$...
Intesa joins forces with TIM and Google for digitalisation project
Intesa Sanpaolo has entered into a partnership with Italian telecommunications company Telecom Italia (TIM) and Google in a move to accelerate its digitalisation efforts...
BNP Paribas first quarter 2020 net income down by 33% at €1.3bn
BNP Paribas reported a 33.2% decline in its net income attributable to equity holders at €1.28bn in the first quarter of 2020 (Q1 2020)...
Global Payments to provide credit card processing services for Truist Financial
Global Payments Inc., a leading worldwide provider of payment technology and software solutions, announced that TSYS, its Issuer Solutions business, has signed a long-term...
HSBC UK introduces Bounce Back Loans scheme for small businesses
HSBC Banks’s UK business arm HSBC UK has launched Bounce Back Loans Scheme to support small and medium-sized businesses affected by coronavirus (Covid-19) pandemic.
Under...
IHS Markit acquires Catena Technologies
IHS Markit, a world leader in critical information, analytics and solutions, announced the acquisition of Catena Technologies (Catena), a global regulatory trade reporting firm...
Accenture acquires Italian Regtech firm NIKE Group
Accenture has acquired NIKE Group, an Italian consulting firm specialising in regulatory technology (Regtech) services and solutions to financial services firms, for an undisclosed...
NatWest Markets wins the Consensus Economics UK Forecast Accuracy Award for 2019
NatWest Markets has win the Consensus Economics UK Forecast Accuracy Award for 2019. The award is given to the forecaster with the lowest average...
South Dakota’s Security Insurance Joins Midwest Insurance Agency Alliance
Security Insurance Group Inc. (SIG) of Pierre, South Dakota, has joined Midwest Insurance Agency Alliance (MIAA), a network of insurance agencies across seven states.
Founded...
COVID-19: Insurance innovation to cater to consumer needs
The COVID-19 or coronavirus outbreak that began in China towards the end of last year has now become a global pandemic. Although it now...