Latest Results from /wholesale
/wholesale
Lloyds and Nationwide-backed fintech Aveni has released the first version of its domain-specific large language model for financial services, FinLLM.
7 hours
Finastra is to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of venture capital firm Apax Partners in a deal estimated at $2 billion, including debt.
AI-powered B2B embedded finance platform CrediLinq has closed a $8.5 million Series A funding round led by OM/VC and MS&AD Ventures.
16 May 2025
JPMorgan Chase and technology company Infleqtion have released a new open source quantum software library designed to improve the efficiency of potential applications and use cases.
15 May 2025
The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) have published a joint research study that explored how central banks could continue to implement monetary policy operations in tokenised wholesale financial markets.
The Bank of London says it is under investigation by UK regulators in a move its auditors warn could cast "significant doubt" over its future.
14 May 2025
BBVA has nearly quadrupled the number of its ChatGPT Enterprise licences after concluding that the technology saves employees nearly three hours a week.
Lloyds and Mercore have completed a series of transactions that have featured the secondary participation in an accepted digital bill of exchange.
13 May 2025
Citi has teamed up with Swiss post-trade group SDX in a bid to develop tokenisation for private market assets.
08 May 2025
Juice, a UK-based alternative lending platform for digital founders, has raised £25 million in funding.
HSBC has responded to the recent round of tariffs kicked off by Donald Trump with a financing tool that helps US clients with the payment of import duties.
Business payments automation firm AvidXchange is going private through a $2.2 billion deal that sees asset firm TPG take majority ownership with Corpay picking up a minority stake.
07 May 2025
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