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630 Results from /wholesale, 2019

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Citi invests in 'smart desktop' outfit ChartIQ

Citi is making a strategic investment in ChartIQ, the startup behind a desktop integration platform that links apps together for capital markets firms. Terms were not disclosed.

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Barclays and Wells Fargo lead $17 million funding round in OpenFin

OpenFin has won $17 million in funding from a clutch of top banks and VCs as it bids to build a new 'operating system of finance'.

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Commission fines banks EUR1.07 billion for forex spot fixing

Traders from Barclays, RBS, Citigroup, JPMorgan and MUFG who used chat rooms to fix the spot forex market have cost their employers EUR1.07 billion in fines following an investigation by EU antitrust authorities,.

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World Bank and CBA record secondary bond trading on a blockchain

The World Bank and Commonwealth Bank of Australia are trumpeting the success of a project to record a secondary bond market trade on a distributed ledger.

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Holvi to launch across Europe

Holvi, the BBVA-backed small business current account for entrepreneurs and small businesses, is planning to launch in Ireland, Italy, Belgium, France and the Netherlands, following 60% year-on-year growth from 2017 to 2018

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Goldman Sachs invests in German fintech startup Elinvar

Goldman Sachs has invested in Elinvar, a German startup founded by Deutsche Bank veterans that has built a digital platform that helps traditional lenders offer their services online.

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BofA Merrill Lynch integrates Apple Watch app into CashPro

Bank of America Merrill Lynch is integrating its CashPro corporate treasury platform with the Apple Watch, enabling users to get a one-time security token to their handset.

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Nationwide wins £50 million award for business banking plans

Nationwide Building Society has received a £50 million injection for its business banking plans in the latest round of handouts from the RBS bail out fund.

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Finastra signs three more banks to blockchain-based syndicated loan community

Finastra has signed three more pilot banks to Fusion LenderComm, a distributed ledger technology (DLT) platform for the syndicated loan market developed in collaboration with R3.

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Fintech is UK's top tech sub-sector

Fintech is the UK's top technology sub-sector when it comes to attracting investment, according to two new reports.

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SoftBank Vision fund invests $800m in UK fintech

SoftBank's Vision Fund, the largest fintech venture capital fund in the world is reported to be investing $800m in a UK-based supplier of alternative supply chain finance, thereby doubling its valuation to $3.5bn.

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Report questions value of insurtech despite record investment

Investment in the insurtech sector reached record highs in Q1 2019 yet there is lack of obvious value in the many of the newest insurtech offerings, according to a recent report.