Traditional and innovative ways of approaching transaction banking “can coexist and drive each other”, according to Marion King, group director of payments at RBS...
HSBC has become the custodian bank and asset services provider for the first ever Renminbi Qualified Foreign Institutional Investor (RQFII) money market exchange-traded fund (ETF). The ETF will be domiciled and listed in the UK...
Deutsche Asset & Wealth Management has hired Mihir Meswani and Nicolas Laporte as portfolio managers to strengthen the firm’s hedge fund advisory business...
HSBC has facilitated the application for the largest ever renminbi qualified foreign institutional investor quota allocation, on behalf of South Korean firm Shinhan BNP Paribas Asset Management...
HSBC’s Swiss private banking unit has admitted violating federal security law by providing cross-border services to US clients without registering as providers with the SEC...
SWIFT has announced the development of SWIFT Profile, a reporting tool that provides institutions with a global overview of their correspondent banking activities...