Articles with tag: financial crisis

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Citi, JP Morgan, and State Street invest in fintech Capitolis

11 Sep 2020 | Payments General

JP Morgan, Citigroup, and State Street have invested USD 11 million in Capitolis, a US-based technology startup that seeks to help banks use capital more efficiently, according to Reuters.

Citi, JP Morgan, State Street, Spark Capital, Index Ventures, Sequoia Capital, Capitolis, fintech, startup, Reuters, US, United States, banks, capital, software, capital markets, liquidity, financial institutions, trading, financial crisis, risky trades, capital banks, residual trades, derivatives portfolios, investors

US-based Upgrade secures USD 40 mln funding with help from Santander

18 Jun 2020 | Payments General

Alternative lender Upgrade has raised a USD 40 mln Series D funding round from investors including Santander InnoVentures.

Upgrade, Santander, Santander InnoVentures, US, funding, extended credit, alternative lender, non-bank, loans, credit cards, Union Square Ventures, Ribbit, Vy Capital, Silicon Valley Bank, Ventura Capital, Uncorrelated Ventures, financial crisis

RBS sees rise in profits after renaming as NatWest

14 Feb 2020 | Payments General

RBS has reported a 27% rise in pre-tax operating profit for 2019 to GBP 4.2 bln as management announced renaming the bank NatWest.

RBS, Royal Bank of Scotland, NatWest, rebranding, banking, profit, bank, incumbent bank, financial crisis, UK, United Kingdom

Central German bank cautions over rolling digital central bank money

30 May 2019 | Cryptocurrencies

Bundesbank President Jens Weidmann has warned central banks to exercise caution in introducing digital currencies that could potentially destabilise the financial system during times of crisis.

Bundesbank, digital money, cryptocurrency, banks, financial crisis, Germany