Category: Activity

January 14, 2022

JPMorgan Chase posted a decline in trading revenue that was steeper than analysts expected, and both commercial and consumer loans fell from a year earlier. Shares of the company dropped after the firm reported a 16% slide in fixed-income trading […]

January 10, 2022

Unlike many other European jurisdictions marked by restrictive conditions for foreign direct investment (FDI), Switzerland has been a very attractive jurisdiction for such investments, with few rules, which has encouraged significant foreign investment. In 2016 for example, Chinese investment in […]

January 10, 2022

A recent Gallup report, for instance, revealed that engaged customers bring 37% more annual revenue compared to disengaged customers​. Yet far too many banks still have inadequate engagement strategies in place, which in the long run, could significantly undermine their […]

January 3, 2022

During the pandemic—when brick-and-mortars shut their doors and consumers flocked to the internet and their mobile devices for basic services—the digitisation of commerce and specifically the payments industry went into overdrive, making a half-decade of progress in a year’s time. […]

December 27, 2021

“Some national FDI regimes determine filing requirements or intervention rights based solely on the size of the stake acquired” While there is no standalone foreign direct investment (FDI) screening at the EU level, the EU continues to push for a […]

December 23, 2021

The round was led by Spark Capital and saw participation from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from the Middle East, Africa, Asia, and […]

December 20, 2021

Original consortium investors BNY Mellon, Citi, Computershare, Deutsche Bank, Deutsche Börse, JP Morgan, and State Street all participated in the round. The platform was incubated in Citi and launched in the UK in 2018, following a collaborative pilot partnership with […]

December 17, 2021

Tinkoff, which currently serves more than 18.5 million customers, plans to open a subsidiary bank in the Philippines as part of its wider Asian expansion strategy. Reports that the firm was seeking a banking licence in the country came to […]

December 15, 2021

When it comes to payments, a sea-change is underway in the US, where a series of updates to existing payment rails, as well as the introduction of new, real-time solutions and overlay services, looks set to revolutionise payments as we […]

December 14, 2021

Overnight, the Bank of Canada (BoC) agreed to extend the 2% annual inflation mandate, which was set to expire on January 1. This allows BoC policymakers more flexibility in combating rising prices while waiting for the economy to absorb labor […]