HSBC is to shut 27 branches this year putting almost 50 jobs at risk. The bank, which announced last week it would cut 35,000 jobs around the world, including “meaningful” reductions in the UK, said it would invest almost £34m in its remaining network of 594 branches, 49 of which are to be refurbished this year.

SMEs in Malaysia will now be able to enjoy the convenience of instant account opening […]

Members Exchange (MEMX) is a new equities exchange that will compete with the New York Stock Exchange and Nasdaq. It has just received backing from more Wall Street usual suspects, with Goldman Sachs, JPMorgan and Jane Street Capital putting their money behind the project.

Deutsche Bank has today announced the appointment of Sebastien Avot as the new Head of […]

Metro Bank today announces that the Board has appointed Dan Frumkin as Chief Executive Officer […]

London-based FinTech Tymit has announced the launch of its app-enabled fee-free instalment Visa credit card.

UniCredit SpA’s announced to eliminate around 8,000 jobs. This is pushing cuts announced by banks this year past 75,000 with most of them in Europe (due to negative interest rates and a slowing economy).

Mastercard yesterday announced it is developing its first European Cyber Resilience Centre, a state-of-the-art cyber and security center in Europe that will drive collaboration between both public and private sectors, as well as regulatory bodies to further support enterprise resilience in the region.

British digital bank Monzo is a fast-growing business, so it plans to hire up to 500 people and forecasts it will get 5.5 million users this year.

Last week was a big week for Flywire. The global payments platform made a dual announcement, that it closed a round of funding and sealed the deal on an acquisition. It has acquired a healthcare technology platform Simplee. The acquisition comes just after the company raised $120 million through its Series E funding round, which was led by Goldman Sachs.

Klarna has acquired the Italian ‘pay now, buy later’ start-up Moneymour and established a new hub in Milan, from which Moneymour origins.

Danske Bank’s UK CDO, Søren Rode Jain Andreasen has not really found a chatbot he actually likes.

Tandem Bank is close to securing fresh funding near to £50m, as it makes a management change.

Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market.

A growing number of Korean banking groups are being concerned with Starbucks.