BNY Mellon today announced that the Microsoft Corporation (Microsoft) has selected BNY Mellon as global custodian for its Treasury Group, which manages $130 billion in assets. The transition, which was completed in November, marks the first time in almost a decade that Microsoft has changed custodian, and...
U.S. stocks skid Monday, with the S&P 500 and the Nasdaq on track for their worst declines in 2019, as China moved to raise tariffs on U.S. goods and take other retaliatory measures after Washington last week increased duties on Chinese imports and both sides...
This article reveals what the author calls the secret life story of the common banknote, describing production processes, materials including polymers and plastics, how the notes are stored, put into circulation and withdrawn at the end of their useful life, and the demand for ever...
Stocks did not react to the U.S.-China stalemate Friday but could no longer resist on Monday http://feeds.marketwatch.com/~r/marketwatch/financial/~3/70_-ic2iuTQ/story.asp
Greensill, the non-bank provider of working capital finance for companies around the world, has secured an $800m investment from the SoftBank Vision Fund. The UK-based venture, led by former Citigroup banker Lex Greensill, offers early payment to cover invoices due to be paid at a later date...
Trovata.io – the firm that specialises in automating cash management on open banking that’s a favourite of many treasury departments – has raised $5.5m in seed funding on its oversubscribed second closing. FINTOP Capital joined JPMorgan Chase on its initial strategic investment in December to...