Banking

Movers and shakers: Alliant Credit Union appoints Jamie Warder as CIO

Chicago-based Alliant Credit Union has selected Jamie Warder as its chief information officer and head of business strategy, effective July 8.  In his...

What caused the LDI crisis? – Bank Underground

Gabor Pinter, Emil Siriwardane and Danny Walker In September 2022 the interest rate on UK gilts rose by over 100 basis points in four...

Revolut wins long-awaited UK banking license from watchdog

Revolut Ltd. said it received a British banking license from regulators, a move that allows the fintech firm to better challenge traditional banking...

BNP has identified 780 AI use cases

BNP Paribas is investing in AI, cloud infrastructure and cyber security as part of its modernization efforts.  “The second quarter marked the continuation...

DB and Santander controlling costs through tech

Deutsche Bank and Santander Bank are deploying tech to simplify operations and cut costs, according to their earnings reports.  Santander reported today that...

Capital One, Discover plan integration, await merger approval

During the second quarter, Capital One continued to plan for its acquisition of Discover Financial Services as it awaits approval from the Federal...