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banking sector

Royal Bank of Scotland

RBS links up with Irish blockchain payments project

17/05/2017(0)
Royal Bank of Scotland is to collaborate with Deloitte and a group of Irish banks to explore the use of blockchain technology in an effort to improve payments systems. ... Read More
Dubai International Fiancial Centre

Which Gulf country’s banking sector is the top in assets volumes

09/03/2017(0)
The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 ... Read More
banking

The dawn of financial technology in Islamic finance

23/12/2016(0)
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. ... Read More
monte-dei-paschi-di-siena

Italy to bailout Monte dei Paschi di Siena bank with €20bn rescue fund

22/12/2016(0)
A €20bn (£17bn) rescue fund for Italy’s banking sector has been approved by the country’s parliament, heralding a bailout of the world’s oldest bank, Monte dei Paschi di Siena ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy seeks to borrow 20 bln euros to prop up banking sector

20/12/2016(0)
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out ... Read More
jobs

Crisis Hits Russian Banking With 15% Job Losses

06/10/2016(0)
Fifteen percent of all Russian bank employees have lost their jobs since the start of the country’s economic crisis in 2014, new data has revealed. Figures from the state ... Read More
Commerzbank building

Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger

31/08/2016(0)
Shares in Commerzbank  (CRZBY)   and Deutsche Bank  (DB)  rose on Wednesday after Manager Magazin reported news of a potential merger of Germany’s two leading lenders. The weekly news publication said ... Read More
banking_medium

Double ratings downgrade hits UK

28/06/2016(0)
It’s been a torrid few days for equity markets and the pound in particular as it continues to plumb new multi-year lows against the US dollar, though we could ... Read More
bank of russia

On suspending 12-month FX repo auctions

29/03/2016(0)
The Bank of Russia decided to suspend, effective 1 April 2016, 12-month FX repo auctions, considering the lack of demand for these facilities from Russian credit institutions and its’ shift to 28-day FX repos. The Bank of Russia will continue ... Read More
finma

FINMA reduces obstacles to FinTech

18/03/2016(0)
The Swiss Financial Market Supervisory Authority FINMA has published a new circular facilitating video and online client identification. In addition to removing a number of unnecessary obstacles from its ... Read More
Broker Cyprus TopFX