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Ant Financial acquire US remmitance company
(27 January 2016 – China) China's Ant Financial is flexing its international muscle by agreeing to buy US money transfer service MoneyGram in a cash deal worth US$880 […]
(27 January 2016 – China) China's Ant Financial is flexing its international muscle by agreeing to buy US money transfer service MoneyGram in a cash deal worth US$880 […]
(12 January 2016 – United Kingdom) The share of Britain's biggest banks in the market supplying UK companies' daily foreign currency needs fell for a second year running […]
(11 November 2016 – Malaysia) On Friday, Malaysia's central bank limited trading of the ringgit after overnight rates against the US dollar jumped by close to five percent. […]
(26 October 2016 – Hong Kong) Over the last two years, the number of countries using renminbi (RMB) for a minimum of 10 percent of their payment to […]
(21 October 2016 – Europe) Payments services provider Circle has launched its operations in Europe, starting with euro availability in Ireland and Spain. The service is currently […]
(17 October 2016 – Global) Non-bank providers are failing to make a real dent in the US$117 billion per day global business FX market, a new report from […]
(11 October 2016 – Hong Kong) Standard Chartered Bank's Hong Kong branch has obtained approval from the People's Bank of China to issue bonds denominated in Special Drawing […]
(30 September 2016 – New Zealand) ASB Bank's Kiwi Dollar Barometer shows foreign exchange hedging is at its highest level in two years. ASB chief economist Nick […]
(23 September 2016 – Germany) Deutsche Bank this week announced that it has successfully executed its first cross-border Renminbi netting transaction for Bosch under People's Bank of China […]
(20 September 2016 – China) China’s central bank has nominated an official renminbi clearing and settlement bank for New York City. The People’s Bank of China (PBOC) chose […]