global banking

Scotiabank Names Travis Machen to Head Global Markets Unit
Scotiabank Names Travis Machen to Head Global Markets Unit
April 30, 2024  |  Personnel

Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on...

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JPMorgan Chase Combines 3 Lines of Business Under Global Banking
JPMorgan Chase Combines 3 Lines of Business Under Global Banking
April 04, 2024  |  Personnel

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...

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
September 11, 2019  |  Digital Banking

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...

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Trade Finance Rejection Rates Accelerate
Trade Finance Rejection Rates Accelerate
April 22, 2019  |  B2B Payments

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....

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Deutsche Bank, Commerzbank Confirm Merger Talks
Deutsche Bank, Commerzbank Confirm Merger Talks
March 18, 2019  |  Partnerships / Acquisitions

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,...

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China Promises To Grant More Foreign Bank Licenses
China Promises To Grant More Foreign Bank Licenses
January 24, 2019  |  International

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...

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Banks Steer Clear Of X-Border Transfers
Banks Steer Clear Of X-Border Transfers
November 16, 2018  |  International

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...

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People’s Bank Of China Plans To Manage Money Supply Growth
People’s Bank Of China Plans To Manage Money Supply Growth
November 02, 2018  |  International

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...

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WeLab Eyes Services In China Beyond Lending
WeLab Eyes Services In China Beyond Lending
November 01, 2018  |  International

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...

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