Sumitomo Mitsui Banking Corporation is the world’s biggest bank, with total assets of $905,293,000,000, while last year’s leader Deutsche Bank AG, drops to second place, according to the latest Top 3,000 world ranking figures from BANKERSalmanac.com, based on over 3,000 authorised banks in more than 200 countries, ranked by total assets in US dollars. The leap into first position following the merger in April 2001 of Sumitomo and Sakura banks constitutes the biggest shake-up in the Top Ten line-up. Western European banks dominate the survey. Bayerische Hypo-und Vereinsbank AG in particular has performed well and jumped four places up the world ranking table to Number 3. BNP Paribas last year’s Number Two has slid to this year’s Number Four.
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