Deutsche Bank Raided Over Money Laundering Allegations

The global banking industry has received a lot of flak in recent years for their lack of concern in enforcing and following anti-money laundering (AML) laws. The latest bank that has suffered due to money laundering allegations is popular Germany

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CapBridge’s ‘1exchange’ Given Go Ahead In Singapore

Singapore's central bank, the Monetary Authority of Singapore (MAS) has given CapBridge the approval to operate a private stock exchange in the country. A capital raising platform, CapBridge has already announced plans to open its “1exchange” in the near future.

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Danske Bank Whistleblower Talking To DOJ Regarding Scandal

Howard Wilkinson, the one who blew the whistle on the biggest money-launder scandal involving Danske Bank has been talking with officials of various US law enforcement agencies, including the Department of Justice (DoJ). He has been cleared by the bank

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Fintech Start-Ups Get A Boost From Singapore’s Central Bank

Singapore-based fintech start-ups are going to have an easier time to test their tech solutions. This is due to the fact that the Central Bank which is known as the Monetary Authority of Singapore (MAS) is opening up a sandbox

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Biometric Payments May Soon Become The Norm

When it comes to eCommerce websites, it does not get any bigger than Chinese giant Alibaba. The website reportedly does more business than eBay and Amazon combined and recently created yet another record in the eCommerce world. Alibaba celebrates Singles

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Softbank IPO Raises Interest From Japanese Investors

SoftBank Group Corp, one of the top companies in Japan is set to raise billions of dollars which will come in the form of an initial public offering (IPO) that they have just gotten approval for. They hope to raise

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DL Tech Can Help Regulators Monitor Trading Markets Effectively

Global financial markets have experienced tremendous change in the last decade due to the advancement of technology and the impact it has had on how traditional banking and trading has benefitted. Cristopher Giancarlo who is the Chairman for the US

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EBA Stress Tests Reveal Weakness Of British & Italian Banks

The European Union (EU) recently carried out a stress test for as many as 48 banks in the EU and the results showed that British banks Barclays and Lloyds had to work on improving their weaknesses, especially with Brexit looming.

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Australian Banks Make Plans To Exit London As Brexit Nears

Australian banks are continuing the trend of global banks leaving the City of London as they recently announced their plans to move out of London. The Commonwealth Bank of Australia (CBA), the country's largest bank has announced plans to move

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London Beats Top Financial Hubs For FDI Projects

Based on a report “Global investment: driving UK jobs and growth in financial services” compiled the City of London, the city received the most financial investment from other countries compared to its counterparts in other countries. The financial services that

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