The sale of Fortis’ Dutch subsidiary, GWK Bank (GWK), to Travelex has taken a step closer to completion after the two companies reached an agreement over the purchase price. The price has been determined at EUR 17,490,000 subject to a post closing net asset adjustment. Completion of the transaction will be subject to the approval of the regulatory authorities and other customary approvals. The sale follows Travelex’s acquisition of Belgium-based FX firm, Camrail, last year and will strengthen its existing Dutch operations, said Travelex.
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