 | | | | Spain's BBVA on Monday said it agreed to buy an additional 21.7% stake in Neon Payments for around $300 million after taking part in a share capital increase. | | | | | | Credit Suisse has recovered more cash from the frozen supply chain finance funds linked to Greensill and has filed seven insurance claims in the matter so far, its asset management arm said on Monday. | | | | | | Italy's biggest lender Intesa Sanpaolo has picked Thought Machine to power a new digital bank it is setting up and will also invest in the British banking software provider, Intesa said on Monday. | | | | | | Weary Credit Suisse investors fear a long wait for the bank to get back on piste after a string of scandals which have wiped billions off its market value and piled pressure on management. | | | | | | HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to expand its investment across the region. | | | | | | Israel technology firm ThetaRay will license a financial crime detection tool that monitors transactions for correspondent banking to Emirati bank Mashreq , the companies said on Monday. | | | | | | Standard Chartered Bank (Hong Kong) Ltd said on Monday that it has become the first foreign bank qualified as a direct participant in China's Cross-border Interbank Payment System (CIPS) outside mainland China. | | | | | | Credit Suisse Group AG entities, among six defendants in a lawsuit originally filed by Iowa Public Employees Retirement System and other retirement associations, has agreed to pay $81 million, the first to agree to settle, the law firm Cohen Milstein Sellers & Toll PLLC said in a release. | | | | | | The platform which sold an NFT of Jack Dorsey's first tweet for $2.9 million has halted most transactions because people were selling tokens of content that did not belong to them. | | | | | | Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets. | | | | | |
