Tag: Corporate & Commercial Banking
Egypt’s Commercial International Bank names Tony Prestedge as executive board advisor
Commercial International Bank (CIB) in Egypt has hired Tony Prestedge as an executive advisor to its board of directors.
Prestedge is a veteran...
BIS’ Project Agorá to commence design phase with private sector participants confirmed
Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can improve wholesale cross-border payments.
Private...
Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing
Lloyds Bank has partnered with Cleareye.ai, a California-based AI and machine learning company, to enhance trade finance documentation processing and compliance checks.
The...
Anthony Watson steps down from role as CEO of The Bank of London
Anthony Watson is stepping down as CEO to become a senior adviser at the bank. He will remain a non-executive director and shareholder...
Allica Bank grows bridging finance offering with Tuscan Capital acquisition
Acquisition Announcement: Allica Bank has acquired bridging lender Tuscan Capital from Quilam Capital for an undisclosed sum.
Expansion into Bridging Finance: The acquisition...
Revolut taps Visa Direct for cross-border business payments
Instant Card Transfer Launch: UK challenger bank Revolut is launching instant card transfer capabilities for its business customers through an expanded collaboration with...