Today, First Chicago announced the first issuance of a euro-denominated CD in the London Market. The EUR 15 million CD, issued by ABN AMRO, has a nine month maturity and a yield of 4.13%. The First National Bank of Chicago, London Branch acted as Issuing and Paying Agent (IPA) on the issue. The CD settled in the First Chicago Clearing Centre (FCCC). Euro denominated CDs are also eligible for settlement in Euroclear and Cedel Bank.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more