Corporate actions

113 articles tagged with this keyword

/retail

DoJ antitrust officials clear Capital One and Discover merger

The US Department of Justice has cleared the $35 billion merger between Capital One Finance Group and Discover Financial Services.

/markets

Accenture loses revenue amid US federal cuts

Accenture Federal Services, a branch of Accenture, has lost sales in the 2024 fiscal year due to uncertainty from the Trump administration.

/regulation

Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada £104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.

/markets

Big banks pump $26 million into investor communications platform Proxymity

Investor communications platform Proxymity has secured $26 million in financing from existing investors, including BNP Paribas, BNY, Citi, Clearstream, Computershare, JPMorgan and State Street.

/sustainable

EBA publishes final guidelines on ESG risk management

The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.

/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

/sustainable

Sustainable Finance Live 2023: How to move fast and break things to disrupt the inertia

Kicking off Sustainable Finance Live 2023 at Events@no6 in London, founder of ResponsibleRisk Richard Peers, highlighted the objective of this year’s event, to bring people together in their likeminded desire to drive sustainability in their work.

/startups

Santander commits to €100 million fund for Spanish startups

The bank plans to contribute €67 million to the €100 million venture debt fund that will be created with Inveready Asset Management.

/regulation

Proxymity launches digital voting service in US

Investor communications platform Proxymity has launched its digital voting service in North America.

/wholesale

Swift hails results of blockchain pilot for corporate actions data

Interbank co-operative Swift has successfully completed its blockchain-based corporate actions pilot, describing it as a "compelling solution".

/sustainable

BlackRock and Proxymity agree UK proxy voting deal

BlackRock, the world's largest asset manager, has agreed a deal with digital investor communications platform Proxymity, that will enable retail investors in the UK to participate in proxy battles.

/markets

Swift runs blockchain pilot for corporate actions data

Interbank co-operative Swift is working with Symbiont and seven securities players to trial a blockchain-based corporate actions system.

/crime

Bank of America fined $225 million for unlawfully freezing accounts during Covid-19 pandemic

The Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) have fined the Bank of America (BofA) for their deficient disbursement of state unemployment benefits during the Covid-19 pandemic.

/people

Flagstone appoints 10x’s Leda Glyptis and Monzo’s Meri Williams to board

UK cash deposit platform, Flagstone, has announced the addition of fintech heavyhitters Leda Glyptis and Meri Williams to its board of directors, ahead of planned Series B funding in 2023.

/people

Ukrainian refugees connected with UK tech jobs by Fintech Without Frontiers

Fintech Without Frontiers – an industry led-initiative created by Ozone API – has launched a bid to connect Ukrainian refugees with career opportunities in the UK fintech space.

/people

Volt appoints PayPal veteran as CRO

Real-time payments provider Volt has announced the hire of Matt Komorowski, who previously led PayPal’s channel partnership business across APAC, LATAM, and MEA.

/regulation

Major tech antitrust bill advanced by US Senate vote

The Senate Judiciary Committee voted 16-6 this week to advance a major tech competition bill, says CNBC.

/payments

Amazon suspends ban on Visa payments

Amazon has deferred its plan to stop customers using Visa credit cards at the last minute, says the Independent.

/sustainable

Tintra launches foundation to protect hunter-gatherers

Fintech firm Tintra has just unveiled a charity foundation to help protect the planet’s last remaining hunter-gatherer tribes. As a primary endowment, Tintra has committed $2 million to the charity.

/payments

Goodbox-Mulberry partnership enables contactless donations

Digital fundraising company, GoodBox, has announced a partnership with Mulberry, to supply contactless donation devices to stores across the UK.