Effective April 19, Banco Central Hispanoamericano, S.A. and Banco Santander S.A, are merging and forming a new bank called Banco Santander Central Hispano (BSCH). All previous obligations issued by the two banks will be fully guaranteed by the newly formed entity. Although Banco Central Hispanoamericano, S.A. and Banco Santander S.A no longer exist as legal banking entities, the new Banco Santander Central Hispano is keeping the three trade marks that were used by the merged banks, namely Banco Santander (BS), Banco Central Hispanoamericano (BCH) and Banesto. The three product brands will continue to be marketed separately, although with centralized activities and strong coordination. The merger clearly strengthens the retail banking business in Spain, increasing domestic market share and allowing further economies of scale
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