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SoftBank fund invests $100 million in compliance software firm

SoftBank fund invests $100 million in compliance software firm
NEW YORK – SoftBank Group Corp.’s Vision Fund 2 is investing $100 million in compliance and employee-monitoring software company Behavox, according to sources familiar with the matter. The investment, which is in the form of preferred shares, values ...

Fighting coronavirus's economic effects will take more than interest rate cuts

Fighting coronavirus's economic effects will take more than interest rate cuts
Last week, G7 finance ministers and central bank governors vowed to use “all appropriate policy tools” to contain the economic threat posed by the coronavirus. The question left unanswered is what is appropriate and what will work. The immediate ...

New EU Law Will Make it Impossible for Banks to Ban Cryptocurrency-Related Transactions

New EU Law Will Make it Impossible for Banks to Ban Cryptocurrency-Related Transactions
The Fifth Anti-Money Laundering Directive (AMLD5) will soon go into effect and it will inadvertently boost the cryptocurrency industry in the EU. Under the new directive, cryptocurrency-related companies will be treated like any other business. The blockchain...

HSBC Singapore commits to greater female representation in its senior roles

HSBC Singapore commits to greater female representation in its senior roles
HSBC Singapore plans to have 40% of women in its most senior positions by 2022, up from its 30% currently, and 50% of managerial positions.  HSBC Singapore chief executive Tony Cripps said that having a diverse workplace is a priority for the bank, and ...

Credit Suisse faces lawsuit in India

Credit Suisse faces lawsuit in India
A former top Credit Suisse banker has filed a lawsuit against the Swiss bank in India, on grounds of harassment and fraudulent conduct. Nisheet Singh,  who joinedCredit Suisse as an assistant vice president in 2015, filed a suit against the bank and some...

Who's behind the blog

Who's behind the blog