Coinfirm, a RegTech for digital currencies and blockchain-based finance, has appointed Dr. Mircea Mihaescu as its new chief executive officer (CEO). Mihaescu joined the company earlier this year as executive…
Payment platform Form3 has announced its Series C investment funding of $160m (£115m), led by…
Cloud-based banking platform ThoughtMachine will join the UK’s highest-valued fintech companies following its most recent funding round. According to Sky…
China Huarong Asset Management is currently in talks with investors after revealing a net loss of $15.9bn (RMB103bn) in 2020…
The Royal Bank of Canada (RBC) has reported a net income of $4.3bn for Q3 2021, up $1.1bn or 34%…
CIBC has recorded $1,730m in net income in Q3 2021, 48% higher year-on-year from $1,172m. However, it is only 5%…
Scotiabank Global Wealth Management recorded a net income of $390m in Q3 2021, an increase of $69m or 21% year-on-year. Adjusted net income rose to $397m, a rise of $65m…
The wealth management arm of Bank of Montreal, BMO, reported a net income of $401m in Q3 2021, $60m or 18% up year-on-year. In addition, adjusted net income was $406m,…
Liechtenstein’s VP Bank Group has reported a rise in profit in H1 2021 compared to the year-ago period, which was hit by a one-off valuation adjustment of around CHF20m. The Vaduz-based…
Private bank Hampden & Co has recorded double digit rises in income, deposits, and lending in H1 2021. Income increased by £1.2m ($1.6m) year-on-year, or 24%, to reach £6m for…
HSBC reported a profit after tax of $8.4bn in H1 2021, a rise of over $3bn year-on-year, and profit before tax increased from $6.5bn to $10.8bn. This was attributed to…
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