Europe

For French fintechs, Asia is a land of opportunities and learning

Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.
19 hours ago

For French fintechs, Asia is a land of opportunities and learning

Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.
19 hours ago

Weekly Global News Wrap: Crypto exchange FTX owes $3.1b to creditors; Deutsche ex-trader sues bank for $150m

And Italy’s UniCredit gives German staff bonuses up to 2,500 euros for inflation.

Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%

And France’s Orange exploring “all opportunities” amidst reports it's selling its bank arm.

Citi winds down Russia consumer, commercial banking businesses

Approximately 2,300 employees will be affected, according to the bank.

Weekly Global News Wrap: US banks’ profits to fall; Crypto lender Celsius goes bankrupt

And UBS appoints Iqbal Khan as head of its wealth management division.

Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme

And China gives the first nod to revive Ant IPO.   From Reuters: Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.

Weekly Global News Wrap: HSBC profits slide in 2021; UBS posts best Q1 profit in 15 years

And Swedish bank SEB signs up its first banking-as-a-service client.

Talent & Tech at the heart of Munir Nanji’s mission to grow Citi Central Europe

He is tasked with implementing the "New" Europe Strategy and reap full benefits of growth.

Weekly Global News Wrap: Citi’s commercial business to hire 900 staff; Russian payments pivot to China amidst sanctions

And global financial conditions are expected to tighten further over the coming years.