Transaction Banking
US banks outclass European rivals in tech battle for corporate clients
Customer survey of 500 European companies suggests the region's incumbents have a fight on their hands
State Street hires former Citigroup Asia chief
Francisco Aristeguieta takes charge of non-US operations at $32tn custody bank
1 min read
Citi dismisses rival efforts to take transaction banking crown
The only newcomer in Coalition's 2018 league table was Credit Agricole, which edged out Barclays in 10th position
3 min read
JPMorgan and rivals chase corporate gains from open banking
Demand grows for software that performs invoice approval, change vendor preferences and manage real-time payments
4 min read
BAML chief prepares for the revolution in transaction banking
Transaction banking is ripe for automation, artificial intelligence and collaboration with fintechs
5 min read
BAML appoints new Europe boss of $6.4bn business
Wall Street bank's transaction banking division gets a new regional chief as Jennifer Boussuge readies move to New York
1 min read
Kweku Adoboli: senior manager rules ‘just not going to work’
Former UBS employee joins another rogue trader, Nick Leeson, in criticising regulation that has yet to lead to any prosecutions
3 min read
US interest rate hikes lift billion-dollar transaction banking
The Asia-Pacific region saw the biggest jump in revenues, while the picture was less rosy in Europe
2 min read
Deutsche Bank’s US head of global transaction banking to leave
Paul Saltzman joined the bank in 2015 to lead it through US stress tests
2 min read
BNP Paribas offers Brexit lifeline to London bankers
The French bank is pushing to win investment banking business from rivals in the UK
3 min read
An audience with Jayne-Anne Gadhia: ‘A return to the sleazy 1970s’
The challenger bank head pulls no punches when it comes to firms' excuses for staff attending the Presidents Club dinner
5 min read
BIS: Central banks must be ready to act on bitcoin
Leading digital currency is a mixture of 'bubble, Ponzi scheme and environmental disaster', warns central bank official
Meet the startup bringing big data to fixed income at JPMorgan
The former banker behind Mosaic Smart Data wanted systems to sift his employer's transaction data but ran into obstacles — so he built the software himself
Crédit Agricole takes stake in London blockchain startup
The French bank picks Setl for its first equity investment in a fintech company
JPMorgan taps rival to fill major custody role
Wall Street bank is upping its fiduciary middle and back office options to institutional investors
Brussels rejects City’s plan for post-Brexit access
Plan hatched by the City to retain unfettered access to the trading bloc has been rejected, according to top financiers
3 min read
Royal Bank of Scotland to leave London headquarters
UK bank says it no longer requires the space it once did in the capital, and will move staff to another office nearby
1 min read
Dutch bank ING buys payment technology firm
ING's latest acquisition shows banks' eagerness to capitalise on data in their transaction banking units
2 min read
State Street eyes a move into bitcoin custody
The US custody bank sees opportunities to expand its asset servicing capabilities to include digital assets
3 min read
Bank of America profits halve on Trump charge
Bank follows Wall Street rivals in taking big quarterly hit from December's tax law changes, while low volatility drags on fixed income trading
2 min read