Due to the unsatisfactory profitability of its German retail banking business, SEB is reviewing different alternatives to resolve this situation. The bank has a diversified German business comprising a profitable corporate banking and asset management business, as well as a country-wide retail banking business. SEB has received third party interest for acquiring the retail business and it is now pursuing a dialogue with several parties regarding a possible divestment.
“Germany is an important market for SEB and our customers and we will continue to develop and invest in the corporate business there,” affirmed the bank in a press statement.
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