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Uniper secures $11 BLN credit lines

German utility Uniper said that it has secured credit facilities worth up to 10 billion euros ($11.3 billion) from parent Fortum and state bank...

Bankia insurance business taken over by Caixa Bank from Mapfre

Spanish insurer Mapfre said that it had sold its stake in Bankia’s insurance business to Caixabank in a 571 million-euro ($645.12 million) deal. This is although...

$61.5 MLN fined by StanChart for misreporting liquidity position

The Bank of England said that it was fining Standard Chartered 46.55 million pounds ($61.51 million). This is for misreporting its liquidity position to the regulator...

Renault’s China JV with brilliance

Renault confirmed a report that its joint venture with Chinese carmaker Brilliance Auto Group had run out of cash. Hence, they are heading for...

New solutions are needed for new threats

Threat-actors are constantly developing new threats. Also, there are more creative ways to breach an organisation’s network. In the past two years an onslaught...

Breaking

The Strategic Expansion of Regional Investment Banking Operations and Middle-Market Coverage by Bank of America

A significant expansion of regional investment banking operations across...

The Exploratory Disposals of Core Financial Processing Frameworks within the United States Banking System

Discussions have reportedly been initiated by the payments processing...
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