News

BNP Paribas Asset Management  announces the appointment of Ulrik Fugmann and Edward Lees as Senior Portfolio Managers, based in London. They joined on 17 June and report to Guy Davies, CIO of Equities. They will manage a global long-short sustainability-themed...

South Korea-based KEB Hana Bank has entered into a partnership with cross-border payments giant Western Union to enhance payment services for the customers. As part of the collaboration, Western Union facilitates KEB Hana Bank to offer its own brand of...

FIS, a global leader in financial services technology, announced that Sun East Federal Credit Union is moving to a modern, integrated payments platform from FIS to better serve its more than 50,000 members. A new FIS client, Sun East is...

Foremost African financial institution Guaranty Trust Bank plc (https://www.GTBank.com/) has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the London Hilton...

Premier Financial Bancorp through its subsidiary Citizens Deposit Bank and Trust has agreed to acquire The First National Bank of Jackson, the wholly-owned subsidiary of The First National Holding Company of Jackson, for $14.8m (£11.8m). As part of the agreement,...

The rise of contactless payments in the Czech Republic has driven a surge in overall card transactions in the country, which reached more than one billion in 2018 Contactless payments are becoming the dominant payment option in the Czech Republic,...

The UK’s Financial Conduct Authority (FCA) has proposed a ban on the sale of crypto-derivatives to retail consumers saying that the products are ill-suited. In this regard, the FCA has proposed rules to address harm to retail consumers resulting from...