News

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) compared to €1.91bn it made in the same quarter of 2019 (Q1 2019). The French banking...

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 agreement with Truist Financial Corporation to process the bank’s consumer, commercial and small business credit...

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 the new scheme, which is supported by 100% Government guarantee, the bank is expected to...

IHS Markit, a world leader in critical information, analytics and solutions, announced the acquisition of Catena Technologies (Catena), a global regulatory trade reporting firm based in Singapore. “The acquisition of Catena is a logical extension of IHS Markit’s strategy to...

Accenture has acquired NIKE Group, an Italian consulting firm specialising in regulatory technology (Regtech) services and solutions to financial services firms, for an undisclosed amount. The data-driven approach and compliance platform provided by NIKE Group helps clients to monitor new...

NatWest Markets has win the Consensus Economics UK Forecast Accuracy Award for 2019. The award is given to the forecaster with the lowest average error rate over a defined testing period. It’s determined by using ‘Mean Absolute Error analysis’...

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 in 2012, SIG is a full-service insurance agency owned by Vern Armstrong. The agency offers...