The decision reflects both groups’ interest in meeting new trends in the European banking sector, especially opportunities arising in the context of the euro. BSCH as a result will now develop its own business strategy in Portugal, consistent with its dimension and under its own brand, with the objective of efficiently consolidating its presence in the Portuguese market. In the context of this new strategy, BSCH will recover the 2.7% of its capital now held by BCP, and the Portuguese bank its 13.8% held by BSCH. The cross-shareholding accord has been in effect since 1993. The seat on the BSCH board till now occupied by a representative of BCP will be taken by Antonio Basagoiti, an Executive Vice President at BSCH.
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