Tag: Corporate & Commercial Banking
Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The...
Denmark’s Mazepay taps ex-Mastercard exec Kevin Stanton to lead US drive
Danish B2B fintech Mazepay hires former Mastercard executive Kevin Stanton for key role.
Stanton appointed to the board of directors, tasked with expanding...
Swedish lender Froda hires former Klarna director Roger Forsberg as CTO
Froda's New CTO: Roger Forsberg, former Klarna director, joins Swedish alternative lender Froda as Chief Technology Officer (CTO) effective December 4.
Scaling Phase:...
HSBC launches $150m venture debt product for high-growth scale-ups in Australia
HSBC introduces venture debt in Australia to support scale-up companies in technology and new economy sectors.
$150 million was allocated for lending, targeting...
European Central Bank highlights continued sector-wide risk in latest Financial Stability Review
Real Estate Struggles:Geopolitical tensions, lacklustre growth, and inflation impact European financial markets.
Residential and commercial real estate markets in the euro area...
Barclays could reportedly cut around 2,000 jobs in push to reduce costs by £1bn
Barclays may cut around 2,000 jobs as part of a £1 billion cost-cutting plan.
Bank managers seek to increase profitability by reviewing proposals,...