The solution demonstrated the potential to reduce manual effort and errors in corporate action processing and deliver operational efficiencies.
March 27, 2023Analysts worry that Russia could retaliate to new US tariffs on imports of Russian aluminium by banning nickel and palladium shipments.
March 10, 2023The acquisition will make DBS the largest foreign bank in Taiwan by assets, and the 18th largest bank overall.
January 2, 2023The prototype developed was able to connect two distinct asset networks to enable "secure, resilient, and efficient security settlement with CBDC."
December 2, 2022Participants include BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, US Bank, Wells Fargo, SETL, Digital Asset, AWS, SWIFT, Sullivan & Cromwell, and Deloitte.
November 17, 2022The experiments show SWIFT can enable central banks to connect their CBDC networks to all other payment systems in the world through a single gateway.
October 6, 2022The 16 firms agreed to pay a combined $1.82bn for failing to preserve staff communications on personal mobile devices, messaging apps and emails.
September 29, 2022UOB subsidiaries reached agreements in January to acquire Citigroup’s consumer banking businesses in Malaysia, Indonesia, Thailand and Vietnam.
September 20, 2022The court ruled that Revlon lenders cannot keep USD 500 million they were sent in error by Citigroup, which was acting as the loan agent.
September 12, 2022The SEC sought broad information from companies in May but is now asking for more specifics from some firms, including Citi.
August 2, 2022