by admin | Aug 10, 2017 | Digital Lending
Lenders, brokers, academics and other property commentators are calling on regulators to allow the return of 100% mortgages, which were withdrawn after 2007-2009 banking crisis. Many believe that 100% mortgages represent the only way for younger borrowers who do not...
by admin | Aug 9, 2017 | Wealth management
HSBC’s China fund management venture has been punished for misconduct related to IPO subscriptions, as part of a broad campaign by regulators against financial corruption. Nine funds from HSBC Jintrust, a joint venture between HSBC Global Asset Management and Shanxi...
by admin | Aug 7, 2017 | Payments
Bidco, a newly incorporated company jointly-owned and managed by Blackstone and CVC has reached an all-cash agreement to acquire online payments company Paysafe. The deal is expected to be completed in Q4 2017 Worldpay CEO, Philip Jansen, is to receive a £9.2m salary...
by admin | Aug 7, 2017 | Challenger banks
Fiinu, a UK start-up building a ‘blockchain-friendly’ bank, has appointed Andy Briscoe, chair of The Money Advice Service, as chairman. It has also appointed Bank of England and Santander veteran David Hopton as a non-executive director. Fiinu is currently applying...
by admin | Aug 2, 2017 | Uncategorised
Aviva and Founders Factory have announced the first five start-ups selected for its fintech programme and the launch of a new start-up to make social care easier. The five start-ups which will receive a range of operational, business and technical support are: Luther...
