Tagged: financial hub

January 11, 2025 @ 5:52 pm By Michael Wong  |  

Following its 2024 Article IV Consultation with the Hong Kong Special Administrative Region (HKSAR), the International Monetary Fund (IMF) has recognized Hong Kong’s strong standing as an international financial center and endorsed its pathway towards fiscal consolidation. This affirmation came via a concluding statement released… Read More

July 23, 2023 @ 10:28 pm By Omar Faridi  |  

Finastra, a global provider of financial software applications and marketplaces, announced that Salve Financial Hub SpA (Salve FH), a European payments processing startup based in San Marino, has selected Finastra Essence in order :to reduce payment delays resulting from over compliance.” Finastra‘s SaaS solution, integrated… Read More

July 23, 2023 @ 4:58 pm By Omar Faridi  |  

Nomura announced the expansion of its International Wealth Management business with new premises in Dubai International Financial Centre (DIFC), the global financial hub in the MENA and South Asia region. Nomura announced last year that it would “open a branch of Nomura Singapore Limited in… Read More

January 4, 2023 @ 11:27 pm By Omar Faridi  |  

Historically, London has enjoyed an “outsized” role in euro-denominated financial transactions, according to an update shared by the Bank for International Settlements (BIS). BIS has examined the latest evidence on whether Brexit has “affected its central role in trading of interest rate derivatives, foreign exchange,… Read More

April 22, 2021 @ 8:08 am By Samantha Hurst  |  

CircleBlack, a U.S.-based startup that provides financial advisors with technology that aggregates data, integrates other financial applications, announced on Thursday it has teamed up with Robertson Stephens, a nationally registered investment advisor (RIA), the launch its wealth management digital hub. CircleBlack reported that its  capabilities allow advisors… Read More