Younger generations care less about cyber security: EY survey

Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.

Commerzbank stresses on cloud in its digital changeover

Emirates NBD, Dubai’s government-owned bank and one of the largest banking groups in the Middle East in terms of assets, is considered as a pioneer in adopting disruptive technologies designed to transform banking operations and to offer extreme customer delight. The bank has an embedded culture to continually innovate and move to newer levels. It has made significant investments in new technologies so that its technology infrastructure is state-of-the-art and it could make major breakthroughs in digitization.

Failure To Contain High Inflation will Jeopardise Green Ttransition: ECB Member

Failing to arrest high inflation in a timely manner will jeopardize the green transition more fundamentally. A restrictive monetary policy stance today will benefit society over the medium to long run by restoring price stability, said Isabel Schnabel, Member of the Executive Board of the ECB European Central Bank, during her speech at the International Symposium on Central Bank Independence hosted recently by the Sveriges Riksbank, in Stockholm, Sweden. 

Xpansiv Completes Acquisition of Evolution Markets

Xpansiv, an infrastructure provider for environmental markets, has completed its acquisition of Evolution Markets Inc., a provider of transaction and advisory services in the global carbon, renewable energy, and energy transition markets. The merger of the two companies will expand Xpansiv’s service offerings and product development capabilities to help empower the energy transition.

Singapore’s Monetary Authority to Foster Talent Pool for Financial Institutions

The Monetary Authority of Singapore (MAS) and the Institute of Banking & Finance (IBF) will continue to work with financial institutions (FIs) and tripartite partners to develop and grow the local talent pool to meet the financial sector’s needs, including that of Single Family Offices (SFOs), said Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS.