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Facing criticism for its reluctance to pull out of Russia, Deutsche Bank has published a research report warning that banning the pariah state from Swift will "complicate trade and amplify jitters".
11 March 2022
BNP Paribas has set itself a target to have 1,000 more women working in IT professions by the end of 2024, through both internal and external recruitment.
Capchase, a US startup that helps company founders access non-dilutive capital, has raised $80 million in a Series B funding round led by 01 Advisors.
10 March 2022
Google Play users in Russia are set to have their accounts terminated as the company switches off the billing system for Android developers in the country.
Stander has joined forces with Agrotoken to develop loans for farmers in Argentina that are secured by tokens related to agricultural products.
Three Belarusian banks have been excluded from the Swift financial messaging network as the EU imposes further financial sanctions against warring forces in Ukraine.
09 March 2022
Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.
The White House has issued a sweeping executive order on the oversight of cryptocurrencies and prompted the Federal Reserve to step up the pace on exploration of the case for a central bank digital currency (CBC)
The Financial Conduct Authority has again raised concerns about Binance after the crypto group completed a deal that effectively gives it control of a UK regulated company.
07 March 2022
CaixaBank has joined forces with vendor D-Wave Systems to apply quantum computing in investment portfolio hedging calculation in the insurance sector.
Brazil's central bank has picked project proposals from nine firms - including Santander, Visa and Bitcoin Market - for a challenge investigating the development of a CBDC.
04 March 2022
Deutsche Bank has carried out stress testing and disaster recovery exercises as it faces up to the possible loss of a major technology centre in Russia.
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