Banking
Saxo Bank Group restructures its distribution model in Asia-Pacific region
The bank’s results also reported adjusted net profit of €68m, compared to €50m for the same period last year
Revolut gains UK banking licence in ‘important milestone’
Revolut said in the statement that it now enters the ‘mobilisation’ stage
Nordea Bank charged by Danish crime unit over AML failings on €3.5bn of transactions
This is claimed to be the largest money-laundering case in Danish history
PwC “Banking in Luxembourg” report highlights resilience and future AI developments
PwC “Banking in Luxembourg” report: Resilience amidst global challenges in Luxembourg’s banking sector
Guernsey FSC warns criminals abusing Investec Bank name to commit fraud
The Guernsey Financial Services Commission (GFSC) has issued a warning that criminals are using social media channels to commit fraud and mislead consumers by abusing the name of Investec Bank’s Channel Islands subsidiary. The regulator has put out a statement in which it says: “Investec Bank (Channel Islands) Limited is a wholly owned subsidiary of […]