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BTABLOID delivers real-time banking updates, market intelligence, and strategic business coverage crafted for decision-makers, investors, and professionals who demand clarity over noise.

197 stories

BT

HSBC to Exit U.S. retail banking to concentrate its market in Asia

The British Investment bank HSBC holdings has announced that it will exit U.S. retail banking business to concentrate on its largest market in Asia. HSBC will be exiting 90 branches out of 148 branches and the bank will retain a small network of physical locations in existing markets, the bank will exit from all Personal, […]

Shyam Dev2 min read
BT

Deutsche bank sets up ESG Centre of Excellence in Singapore

The German Based Deutsche bank has set up its ESG Centre of Excellence (COE) in Singapore. The bank is focused on executing ESG transactions, advisory services and new product development which will work across all the business divisions of Deutsche Bank. This also includes sharing of global best practices with asian regulators and regional bodies […]

Shyam Dev2 min read
BT

SoftBank to Invest $1.6 billion in e-commerce start-up THG

The Japanese tech giant, SoftBank to invest $1.6 billion in technology division of Beauty and lifestyle e-commerce company THG. The deal will give SoftBank Management 19.9% of THG ingenuity. It values THG Ingenuity at $6.3 billion. Which is what parent firm THG was valued at when it was on London stock Exchange last year. SoftBank […]

Shyam Dev2 min read
BT

BNP Paribas Joins NetZero Banking Alliance introduced by UNEP

The French international banking group and the largest bank in Europe, BNP Paribas joins the Net Zero Banking Alliance (NZBA) introduced by United Nations Environment programme Finance Initiative (UNEP FI). The Alliance between the organisations will be a major step in mobilisation of the financial sector for the climate and it is also part of […]

Shyam Dev2 min read
Emirites-NBD

Emirates NBD to digitise Choithrams payable process by smartSCF digital supply

The Dubai government-owned bank and one of the largest banking groups in the Middle East, Emirates NBD has onboarded Middle East grocery retailer and food distributor T. Choithram & Sons to start the bank’s smartSCF digital supply Chain Financing platform. The bank’s smartSCF platform helps the supply chain management and financing company’s need for digitisation, […]

Shyam Dev2 min read
BT

J.P. Morgan uses blockchain technology to improve money transfers

The American investment bank and financial services holding company, J.P. Morgan Chase & Co announced that it is using blockchain technology to improve funds transfers between banking institutions globally. The firm includes the payments originating from Taiwan banks to beneficiary banks in other markets. With the new solution called Confirm, information exchange related to payments […]

Shyam Dev2 min read
Goldman Sachs

Goldman Sachs invests around £50 million in Starling Bank

The American multinational investment bank and financial services company Goldman Sachs invests around £50 million ($69 million) in Starling Bank, a digital challenger bank based in the United Kingdom. Starling Bank has raised £50 million in funding from Goldman Sachs growth equity investment arm. This new cash flow comes from on top of a £272 […]

Shyam Dev2 min read
BT

Citigroup exits from consumer banking operations in 13 countries

The American multinational investment bank and financial services corporation, Citigroup has announced its intentions to exit the consumer banking operations in 13 countries including India. The 13 nations Citibank (the largest foreign bank in India) will pull out from are Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam. […]

Shyam Dev2 min read
Emirates-NBD

Emirates NBD partners with MoniMove to support SME’s and other business in UAE

The Dubai government-owned bank Emirates NBD partners with the Supply Chain firm Monimove to complement the bank’s E20. digital business bank initiative that aims to empower entrepreneurs, startups, SMEs and other businesses in the UAE. This alliance will enable Emirates NBD’s SME clients to execute their local and international transactions smoothly on an innovative supply […]

Shyam Dev2 min read
trustly

Payments firm Trustly plans for a €9 billion valuation in Stockholm IPO

The Swedish fintech company Trustly , has announced its plans for €9 billion valuation to list on Nasdaq Stockholm exchange in second quarter. An increasing number of Fintechs are creating alternative payment rails utilizing the Open Banking infrastructure mandated in the EU. With interchange capped in the EU financial institutions seem less resistant to this […]

Shyam Dev2 min read
EML

EML Payments acquires Irish based Sentenial Group for €70 million

Australian based EML Payments has acquired 100% of Irish based Sentenial Group for €70 million. EML Payments operates through three segments: Gift & Incentive (G&I), General Purpose Reloadable (GPR) and Virtual Account Numbers (VANS). The Gift & Incentive segment provides single load gift cards for shopping malls and incentive programs across the world. Sentenial is […]

Shyam Dev2 min read