The United States Department of the Treasury and the Monetary Authority of Singapore (MAS) carried out a cross-border cybersecurity exercise from 25 to 27 April […]
Category: News
U.S. Bank announces key leadership team changes
U.S. Bank has announced several changes to its executive leadership team to succeed two leaders who are leaving the company this summer. “We are proud […]
HSBC USA will focus on innovation ecosystem, biz in tech market
HSBC USA has announced that it has hired Silicon Valley veterans, led by David Sabow, to establish a dedicated banking practice focused on the innovation […]
Federal Reserve Board accepting applications for its Community Advisory Council
The Federal Reserve Board has announced that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council […]
CBUAE launches CBDC strategy
The Central Bank of UAE (CBUAE) jointly held a signing ceremony with G42 Cloud and R3 to mark the commencement of the implementation of the CBUAE Central Bank Digital Currency (CBDC) strategy,
Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024
Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024
Bank of America Corporation Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities
The Bank of Canada has published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2022 Annual Report. The Report reviews the Bank’s oversight of designated clearing and settlement systems, also known as financial market infrastructures (FMIs).
Bank of Canada FMI oversight activities annual report released
The Bank of Canada has published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2022 Annual Report. The Report reviews the Bank’s oversight of designated clearing and settlement systems, also known as financial market infrastructures (FMIs).
Cross-border QR code payments connectivity launched between Singapore & Malaysia
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes. It will support in-person payments through the scanning of physical QR codes displayed by merchants, and online cross-border e-commerce transactions.
Bank of America names Lindsay Hans & Eric Schimpf Presidents and Co-Heads of Merrill Wealth Management
Bank of America has announced that Lindsay Hans and Eric Schimpf have been appointed president and co-head of Merrill Wealth Management, reporting to Bank of America Chair and Chief Executive Officer Brian Moynihan.