Russian ban on bitcoin lifted
Last week, Russian courts overturned a ruling about blocking sites with information about digital currencies after plans to ban bitcoin operations.
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Fed supervisor could reveal Goldman Sachs secrets
Lance Auer, the New York Federal Reserve lead supervisor for Goldman Sachs, has sparked fears that he will reveal the bank’s secrets after he quit his job to advise other financial firms.
Time for the banking industry to get behind the BPO
Times are changing as technophile CEOs and CFOs increasingly demand contemporary offerings from their banks to optimise working capital and mitigate risk, says Angela Koll, Vice President, Commerzbank AG Frankfurt.
Bank of America expands equities business
In recent weeks, Bank of America has made more than 20 new hires for its equities business across Europe and the US.
JPMorgan ID theft fraudster sentenced to six years in prison
Nadia Figueroa, former JPMorgan teller who was part of an ID theft ring and stole $850,000 from bank customers, has been sentenced to six years in prison.
Internet of Things M&A’s skyrocket
Mergers and acquisitions related to the Internet of Things (IoT) have skyrocketed this year with $14.8 billion being spent by buyers to purchase 39 companies, according to 451 Research.
Q&A Interview: TreasuryXpress encourage move from Excel to TMS
Treasury Insider talks to Thomas Leitch, Business Development Vice President at TreasuryXpress about his experiences as a treasury management system provider, what challenges he has faced and how he sees the treasury landscape evolving in the future.
New cyber security regulations proposed for New York
Benjamin Lawsky, New York financial services regulator, said this week that he intends to propose new banking and insurance cyber security regulations by the end of 2015.
Regulations set to standardise Chinese P2P lending
Due to the risks posed by peer to peer lending, the Chinese Banking Regulatory Commission (CBRC) are planning to standardise the country’s P2P industry.
UK government make £150 million profit from Lloyds share sale
This week, the UK government sold yet another large stake of their shares in Lloyds Banking Group and made an estimated profit of £150 million.
