Financing

For the fourth consecutive month, China held its benchmark lending interest rates steady on December 20, as predicted by the majority of market observers, who still anticipate additional monetary easing to support a faltering economy. The five-year LPR was maintained...

The British government has announced a significant overhaul of financial rules in what is perceived as an effort to support the nation's position, which has been shaken by Brexit. The UK's exit from the EU increased competition from Amsterdam, Paris,...

The U.K. government unveiled significant financial regulation changes on December 9, claiming that they will update EU laws that choke off growth. A modification of the law requiring banks to segregate their retail activities from their investment arms is one...

C6 Bank, a full-service bank for individuals and businesses based in São Paulo, Brazil, announced it will be using core banking technology from Thought Machine for innovative products, which will be announced shortly. C6 Bank offers banking services to more than 20...

TreviPay, a leader in global B2B payments and invoicing solutions, announced the signing of a definitive agreement to acquire payment platform Apruve. Apruve offers a robust suite of payment solutions for global enterprises that will complement and expand on...

US-based financial holding company NBT Bancorp has signed a definitive agreement to fully acquire bank holding company Salisbury Bancorp for around $204m. Under the terms of the agreement, Salisbury shareholders will receive 0.7450 shares of NBT common stock, in exchange...

CrossTower, the global cryptocurrency trading platform, announced that it has reached an agreement to acquire BEQUANT, a leading prime brokerage and digital asset exchange, for an undisclosed amount. CrossTower also announced the launch of the first ESG Crypto Fund,...