Following its announcement on 17 April 2007, KBC Securities has finalised the acquisition of the Serbian broker, Hipobroker. After having received the approval of the Serbian Securities Commission and Antitrust Authorities, KBC Securities is now the sole owner of this company. Hipobroker is a small retail broker with a market share of 0.68% (1.78% in terms of transactions). It has three retail branches that concentrate mainly on selling shares of companies in the privatisation market. As the legal framework requires broker clients to hold an account at a bank, Hipobroker is cooperating with A Banka, the Serbian bank recently acquired by KBC. On 17 April 2007, KBC Securities also announced the acquisition of the Serbian broker Senzal and the corporate finance boutique Bastion. These agreements are still subject to approval by the Serbian Supervisory and Regulatory authorities. It is KBC Securities’ intention to merge Hipobroker and Senzal into KBC Securities Serbia.
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