Burgan Bank in core banking software modernisation with TCS Bancs

May 23, 2024

TCS Bancs will replace a host of legacy platforms at the bank, including the ICS Banks core banking system from regional supplier ICS Financial Systems (ICSFS), FinTech Futures understands. The new integrated solution will support core and digital banking, payments, […]

US Financial Regulators Restart Work on Long-Delayed Dodd-Frank Compensation Rules

May 9, 2024

Category: Regulations

A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive compensation plans at financial firms more sensitive to risk. The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and Federal […]

Russian court orders seizure of nearly $440M in JPMorgan funds

April 25, 2024

Category: Regulations

A Russian court ordered the seizure of roughly $439.5 million that state-owned VTB Bank held in JPMorgan Chase accounts in the country, according to a filing seen Wednesday by Reuters and CNBC. The court order permits the funds in JPMorgan’s […]


Oklahoma adds Barclays to anti-ESG list

May 6, 2024

Via: Banking Dive

Barclays is being added to the list of financial institutions restricted from contracts with the state of Oklahoma, the state’s treasurer, Todd Russ, announced Friday. Russ’s office contended the bank has “publicly committed to boycott fossil-fuel companies,” according to an […]