article thumbnail

Decomposing changes in the functioning of the sterling repo market from 2014 to 2018

BankUnderground

Repo markets form part of the plumbing of the financial system. When there is a blockage in repo it has repercussions on financial markets. Since 2014 there have been significant changes in repo functioning, causing policymakers to question why these changes are happening and what it means for financial stability. Rupal Patel.

Marketing 106
article thumbnail

Transactions: Capital One acquires Velocity BlackĀ 

BankInovation

Capital One acquired luxury concierge service Velocity Black in a deal announced June 1 as the credit card giant seeks to bolster the perks offered to its customers. Founded in 2014, Velocity Black markets itself as an exclusive subscription service that offers members guidance on topics from […]

Capital 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GE Capital Exits Trade Finance With MUFG Acquisition

PYMNTS

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

Capital 150
article thumbnail

FinTech, Cirdan Capital Selects Axia by Profile to advance their operations

Bobsguide

Profile Software , the leading financial solutions provider, announced today the selection of Axia by Cirdan Capital, a financial technology company in the UK founded in 2014, that specialises in the issuance of structured investment products, to complete the proprietary technology of its platform.

Capital 78
article thumbnail

China-Based IPOs Raised $11.7 Billion In 2020

PYMNTS

The IPO rate for Chinese companies is the highest since Alibabaā€™s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. The last big Chinese IPO rush occurred in 2014, when 14 companies, including eCommerce titan Alibaba, raised $25.7 and China over trade and security issues.

Phoenix 268
article thumbnail

Cabot Square Capital Sells 321 CrƩdito

PYMNTS

Cabot Square Capital, a U.K. With a specialty in car loans, 321 CrƩdit has been a Cabot Square Capital company since 2014. With a specialty in car loans, 321 CrƩdit has been a Cabot Square Capital company since 2014. car loan market due to fears that consumers have taken on more debt than they can handle.

Capital 108
article thumbnail

Defending the bank's capital levels

Abrigo

The Recession and its subsequent rate of bank failures underscore the need for banks of all sizes to invest in developing a capital plan. The Recession taught many institutions that whatever processes had been in place for managing capital were not sufficient. The result was insufficient capital. Forward-looking review 4.

Capital 150