Bats Exchange joins OCC
By New Statesman - 01 March 10:53

Following the approval of its options trading rules by the Securities and Exchange Commission (SEC),

Icesave talks break down
By New Statesman - 26 February 12:40

Negotiations between Iceland, Britain and the Netherlands have collapsed after the three nations fai

Pershing unveils multi-asset trading solution
By New Statesman - 26 February 10:48

Pershing, a BNY Mellon company, has introduced a new multi-asset class trading execution solution Ne

Punjab and Sind Bank signs IT outsourcing contract with Wipro
By New Statesman - 26 February 10:38

Punjab and Sind Bank (PSB), an India-based public sector bank and Wipro have signed a 10-year contra

Citibank Singapore to ramp up retail banking operations
By New Statesman - 26 February 10:34

Riding on the healthier outlook for the global and domestic economies this year, Citibank Singapore

Lloyds Banking Group reports £6.3bn loss
By New Statesman - 26 February 8:56

"Significant increase" in bad debts due to government-brokered HBOS takeover.

Hester defends RBS bonuses despite £3.6bn loss
By New Statesman - 25 February 12:11

The Royal Bank of Scotland (RBS) is facing a barrage of criticism over handing out up to £1.7 in bon

Northern Rock savings guarantee to be withdrawn
By New Statesman - 25 February 12:05

The UK government has said that in three months it will withdraw the 100 per cent guarantee on depo

Zurich enters into alliance with Korea Export Insurance
By New Statesman - 25 February 11:07

Zurich's North America Surety, Credit & Political Risk group has signed a memorandum of understandin

Opportunity, MasterCard, Gates Foundations partner to provide financial access to rural poor in Africa
By New Statesman - 25 February 11:04

Opportunity International has announced a programme co-funded by the Bill & Melinda Gates Foundation

Carlyle, Fosun to set up Yuan-denominated private equity fund in China
By New Statesman - 25 February 10:59

Carlyle Group, the US-based private equity firm, has partnered with China-based Fosun International,

Axis Bank partners with Atom Technologies to launch mobile payments solution
By New Statesman - 25 February 10:55

Axis Bank, an India-based private sector lender, has launched a mobile payments solution "Axis Call

RBS announces £3.6bn losses
By New Statesman - 25 February 8:51

Bank defends £1.3bn bonus payouts to investment bankers.

Reliance launches NAV Guarantee Plan
By Staff blogger - 24 February 11:07

Reliance Life Insurance of India, an Anil Ambani Group firm, has launched a new unit linked insuranc

Abbey Life to provide pension scheme for BMW
By New Statesman - 24 February 11:05

Abbey Life, a wholly-owned insurance company of Deutsche Bank, has entered into a longevity insuranc

First Mercury Q4 revenues up 66.3 per cent to $57.34m
By New Statesman - 24 February 11:04

First Mercury Financial has reported revenues of $95.3m for the fourth quarter of 2009, an increase

Western Union expands network in China by signing four regional commercial banks
By Staff blogger - 24 February 10:57

Western Union has signed agreements with four regional Chinese commercial banks Bank of Jilin, Bank

Tora gets investment from Goldman to fund international growth initiatives
By New Statesman - 24 February 10:56

Tora Holdings, an Asia-based provider of advanced trading technology and financial services, has rec

Eric Daniels refuses £2.3m bonus
By New Statesman - 23 February 13:18

Lloyds Banking Group boss Eric Daniels has waived off the £2.3m annual bonus awarded to him by the b

Zurich underwrites Venture’s Program for Golf, Country Club industry
By New Statesman - 23 February 11:09

Zurich said that it is underwriting Venture Insurance Programs' (Venture) offering designed for priv

Validus Q4 revenues up 51.5 per cent to $1.94bn
By New Statesman - 23 February 11:07

The company's net premiums earned were $427.9m for the fourth quarter of 2009, an increase of $111.9

Unisys bags outsourcing contract from Bank of Taiwan
By Staff blogger - 23 February 10:57

The Taiwanese subsidiary of Unisys has received a new two-year outsourcing contract from the Bank of

UniCredit gets European Commission Mandate for SEPA payments
By New Statesman - 23 February 10:55

European Commission (EC) has charged UniCredit, an Italy-based, pan-European banking organization, w

Euroclear UK & Ireland to reduce netting fee for LSE trades
By New Statesman - 23 February 10:52

Euroclear UK & Ireland is set to reduce its trade netting tariff as of 1 March 2010, having complete

Zurich names new president for North America commercial specialties business
By New Statesman - 22 February 11:14

Zurich has appointed Daniel Riordan, current head of the company’s surety, credit and political risk

Dogtag expands into North American travel insurance market
By New Statesman - 22 February 11:12

Dogtag, the UK's travel insurance brand for activity and sport-oriented travellers, has expanded int

KFH-Bahrain unveils online banking services
By New Statesman - 22 February 11:09

In a bid to enhance the range of services currently available to its customers, Kuwait Finance House

HSBC rolls out HIBOR-based mortgage plan
By New Statesman - 22 February 11:07

HSBC has launched a Hong Kong Interbank Offered Rate (HIBOR) mortgage plan with a special promotiona

Asda reports low sales growth
By New Statesman - 19 February 12:34

British retailer Asda has reported its lowest quarterly sales growth in two years.

EasyJet investors protest outgoing CEO’s pay-off
By New Statesman - 19 February 12:22

EasyJet investors have protested against the £1.2m retention bonus to the airline’s outgoing chief e

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