Sat.Feb 26, 2022

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London’s National Gallery under pressure over links to Credit Suisse

TheGuardian

Questions raised over sponsorship of exhibitions by scandal-hit Swiss bank The National Gallery’s partnership with Credit Suisse has been thrown into question after leaked documents revealed the hidden wealth of the bank’s criminal clients, including drug traffickers, money launderers and corrupt politicians. Credit Suisse, headquartered in Zurich, has sponsored the National Gallery since 2008 in one of the UK’s biggest arts funding deals.

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U.S., EU will cut some Russian banks from Swift, target central bank

American Banker

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US, UK, Europe and Canada to block Swift access for some Russian banks

TheGuardian

Partial ejection from global payment system expected in days as part of new sanctions against Moscow after attack on Ukraine Ukraine invasion: latest updates The US, Britain, the EU and Canada have moved to block Russia’s access to the Swift international banking payment system. There had been mounting pressure for greater sanctions as it continues its assault on Ukraine.

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Swift action at last brings meaningful sanctions against Putin regime

TheGuardian

Selected Russian banks are banned from global payments system, while Russian central bank will find it harder to spend $500bn war chest Ukraine Russia: latest updates It has taken a week to reach this point, but western governments have put down their peashooters and wheeled out the financial howitzers against Vladimir Putin. Far-reaching new sanctions against Russia were announced on Saturday night in a joint statement from the EU, UK, US and Canada.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper