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JPMorganChase Unveils $1.5T Plan for US Critical Industries

JPMorganChase unveiled the Security and Resiliency Initiative, a $1.5 trillion, decade-long plan aimed at financing, investing in, and supporting industries critical to national economic security and resilience. As part of this program, the firm will make direct equity and...

FCA Sets Plans to Support Tokenisation in Asset Management

The Financial Conduct Authority (FCA) has laid out plans to back tokenisation in asset management, hoping to drive innovation and growth in the sector. Central to these plans is guidance that gives firms clearer direction and helps them adopt...

CIMB Bank Unveils New Digital Wealth Management Platform

CIMB Bank Berhad (“CIMB” or “the Bank”) has unveiled a new wealth management platform designed to give users direct access to digital wealth solutions, expert analysis, and data-driven insights. The platform aims to provide services that are personalised, timely,...

Citi Launches SEP Technology for Real-Time Transactions

Citi Investor Services has launched its Single Event Processing (SEP) technology in North America, bringing real-time transaction capabilities and enhanced operational efficiency to the region. The platform, which was first introduced in select European markets, allows for real-time processing...

Lloyds Ultra Credit Card Launched for Flexible Spending

Lloyds has launched the Lloyds Ultra, a credit card that combines simplicity with real rewards. "Lloyds Ultra is a flexible, fuss-free and refreshingly easy to understand credit card - no hassle, just rewards" says Rich Napier, Credit Card Director...

SEC Lets Asset Managers Add ETF Share Class to Mutual Fund

The U.S. Securities and Exchange Commission (SEC) indicated a change for the investment world by paving the way for fund managers to bring exchange-traded fund (ETF) share classes into mutual funds. The action, set to kick-start approvals for several...

Deutsche Bank Completes First Euro Transaction on Blockchain

Deutsche Bank has announced the successful execution of its first euro-denominated cross-border payment on Partior's blockchain platform, a major milestone in the bank's digitalization with distributed ledger technology. The live transaction on blockchain was executed in collaboration with DBS,...

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