Although corporate payments is a core business for banks providing transactional services, many of them are facing more competition from alternative providers when it comes to offering innovative and faster services.
EMEA Finance interview economist and head of research at Bank Audi.
As global banks de-risk from many emerging market banks, and reduce the scale of their correspondent banking networks, local and regional banks are coming under pressure to ensure they meet global standards and operate using best practices to keep these relationships relevant.
The Gulf was plunged into crisis in early June after Qatar came under a wave of sanctions led by Saudi Arabia that has already led to heavy selling in Qatari assets, as the crisis enters its fourth month, market analysts are trying to decipher when events may normalize.
Venture capital and private equity firm BlackFin Capital Partners has completed a more than €100mn first closing for a European business technology fund, with the fund’s founding partner telling EMEA Finance that the aim is to become a leading investor on the continent.