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HSBC to pay $765m to settle RMBS claims in US
HSBC has signed an agreement with the DOJ to end multi-year investigation on its legacy securitization, issuance and underwriting of…
CDPQ, Generation Investment to buy majority stake in PaaS provider FNZ
The purchase of a two-thirds interest held by the private equity companies General Atlantic and HIG Capital values FNZ at…
Westpac launches smarter cheque solution in Australia
Westpac has introduced the new feature, which will allow eligible customers to scan and deposit cheques from their smartphone by…
Brex secures $125m series C funding
Building off the momentum from its innovative underwriting and onboarding experience tailored to startups, Brex is further investing in enhancing…
Aave launches Aave Lending SaaS solution for collateralization of loans
The company has also signed its first client, Cashare, the largest peer-to-peer crowdlending platform in Switzerland with over 10 years…
UK competition watchdog issues legal directions to Lloyds over PPI breaches
The UK competition watchdog has issued legal directions to Lloyds, over failure of sending PPI reviews and offering inaccurate PPI…
Finxact offers customer-centric features to banking products and services
The solution will empower banks and other financial services companies to leverage Financial Services Cloud to connect into the Finxact…
Singtel, AIS establish cross border mobile payment alliance
The collaboration will allow Singtel and AIS to provide QR code-based mobile payments through mobile wallets such as Singtel Dash,…
Credit Suisse makes Apple Business Chat available to Asian private banking clients
The private banking clients with accounts in Singapore and Hong Kong can use Apple Business Chat to communicate directly with…
BofA Merrill Lynch starts research coverage of exchange-traded funds
The firm will initially cover more than 100 U.S. large, mid-cap and sector ETFs based on an innovative and proprietary…