The transaction creates the nation’s 8th largest bank with assets of approximately $180 billion. Under the terms of the agreement, BankBoston shareholders will receive 1.1844 shares of Fleet for each BankBoston share they own. Terrence Murray, currently chairman and chief executive officer of Fleet, will become Fleet Boston Corporation’s Chairman and Chief Executive Officer, and Chad Gifford, currently BankBoston’s Chairman and Chief Executive, will serve as President and Chief Operating Officer of the new entity. Robert J. Higgins, Fleet’s President and Chief Operating Officer, and Henrique C. Meirelles, BankBoston’s President and Chief Operating Officer, will manage the new corporation’s businesses.
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