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Umpqua Bank launches its new flagship store in San Francisco 27 Aug 2013 | 04:01 pm

Umpqua Bank has opened a new store concept outlet in San Francisco to provide enhanced banking experience for customers and public at every level.

UK FCA disagrees with certain EU financial regulations 27 Aug 2013 | 03:59 pm

The UK Financial Conduct Authority (FCA) has refused to accept the EU guidance on financial regulations framed to bring more financial austerity as well as transparency among institutions across the r...

UBS to pay $4.6m to US securities regulators over unregistered sales assistants 27 Aug 2013 | 03:55 pm

UBS Financial Services has inked a $4.6m settlement agreement with the multiple state securities regulators, to resolve the charges that its unregistered client-service associates in retail brokerage ...

TSYS collaborates with Discover to process PayPal payments 27 Aug 2013 | 03:53 pm

US payment technology company TSYS has inked a contract with direct banking and payment services company, Discover, to process PayPal payment transactions within the US.

Standard Chartered presents cross border banking services in East Africa 27 Aug 2013 | 03:51 pm

Standard Chartered, an international financial institution, has introduced its cross border banking services in East Africa, with a strategy to offer a comprehensive banking facility to small business...

JP Morgan ordered to pay $50m compensation to Russian investor 27 Aug 2013 | 03:50 pm

Global financial services company JP Morgan Chase & Co has been ordered by the New York State Supreme Court to reimburse $50m in compensation to Russian investor Len Blavatnik, to mitigate losses due ...

NexGen launches two new mutual funds 27 Aug 2013 | 12:49 pm

NexGen Financial has introduced new mutual funds, namely the Canadian Preferred Share Funds (Preferred Funds) and the Global Equity Funds (Global Funds), to offer investors a better choice of investme...

MoneyGram renews contract with Mountain America credit union 27 Aug 2013 | 12:49 pm

Global money transfer company MoneyGram has renewed its official cheque processing contract with Mountain America Credit Union, a Utah-based federally chartered credit union.

BATS Global Markets agrees to acquire Direct Edge to form mega exchange 27 Aug 2013 | 10:48 am

US exchange operator BATS Global Markets has embarked on an agreement to acquire another bourse house Direct Edge to create a mega exchange, boost global exchange competition and offer improved servic...

SEC sues North Carolina-based adviser for misleading over algorithmic currency trading 26 Aug 2013 | 04:05 pm

The US Securities and Exchange Commission (SEC) has charged North Carolina-based Chariot Advisors and its former owner Elliott Shifman for misguiding an investment fund’s board about the firm’s capabi...

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