JPMorgan Chase has announced a new organizational structure for its Global Banking (GB) business. The GB business now brings together the bank’s Commercial, Corporate and Investment...
Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones. The push toward digital banking seems an inexorable one, with the...
The massive global trade finance gap is the topic of conversation for many banks and FinTech firms looking to strengthen their position in the market....
Deutsche Bank confirmed on Sunday (March 17) that it’s in talks with Commerzbank about a deal. In a memo from Deutsche Bank Chief Executive Christian Sewing,...
More approvals are coming in China for global banks looking for majority ownership in their local securities ventures, according to a top Chinese regulator. Bloomberg...
Amid stricter checks for money laundering, banks are moving away from the international money transfer practice known as correspondent banking. The shift could possibly cause...
To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as...
In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Regulations take shape, usually quite a bit more slowly. So...
Draft rules from the China Banking and Insurance Regulatory Commission (CBIRC) show that the regulator will relax at least some ownership rules for foreign banks....