(2 March 2021 – Global) Greensill Capital is rapidly unravelling after Credit Suisse suspended $10 billion in investment funds citing “considerable uncertainties”. The Wall Street Journal has reported […]
(2 March 2021 – Global) On her first day in the role, Citigroup’s new CEO has announced the bank will achieve net-zero greenhouse gas emissions in its financing […]
(26 February 2021 – Global) China is overtaking the United Kingdom (UK) on trade credit insurer Euler Hermes’s Enabling Digitalisation Index (EDI), rising from ninth place to fourth […]
(24 February 2021 – Global) Intuit has filed a federal lawsuit against Mastercard and Visa over 'unlawful' price fixing in interchange and card scheme fee structures. Intuit, which […]
(24 February 2021 – Global) Buy now, pay later firm AfterPay has partnered with Stripe giving merchants the opportunity to offer customers the option of instalment-based purchases. The […]
(23 February 2021 – Global) HSBC has unveiled a further strategic shift to Asia and retreat from the west, pledging to invest $6bn to expand in Hong Kong, […]
(18 February 2021 – Global) Swiss bank UBS says fingerprint payment cards will capture a 15 percent share of the card market and generate $5 billion in bank […]
(17 February 2021 – United States) Citigroup has lost in its attempt to retrieve US$500 million it erroneously transferred to a group of Revlon creditors in 2020. Judge […]
(17 February 2021 – Global) Special purpose acquisition companies (SPAC) have gained traction as the fashionable follow on for bank CEOs looking for their next step with former […]
(16 February 2021 – United States) CFO departures from major US institutional enterprises were 28 percent higher in 2020 directly due to COVID-19 business disruptions, according to a […]
