archiveBanking & Financial Services

LONDON, Oct. 6, 2023 /PRNewswire/ -- BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced a range of new opportunities to trade European repo as a spread to the Euro Short-Term Rate (€STR). The new functionality offers more flexibility to clients, with efficient hedging for term repo trading in a fluctuating interest rate environment. Clients can clear the trades with LCH RepoClear SA. "In today's uncertain interest rate environment, clients are seeking new tools to trade term repo," said John Edwards, Global...

LONDON, Sept. 1, 2023 /PRNewswire/ -- LC Financial Holdings (LCFH) proudly announces the successful completion of the acquisition of BCM Global (BCM), marking the next step in its evolution as a technology-led credit specialist. This landmark acquisition cements LCFH's stronghold in the management of consumer and SME loans, leases and mortgages across Europe. Established in 1998, LC Financial Holdings comprises LCM Partners, one of Europe's leading alternative credit investment managers, the Link Financial Group servicing companies and LDMS, a technology provider focusing on the credit management sector. The integration of...

The global remittance platform under Zepz expands Nigerian payout options to include Naira currency LONDON, July 13, 2023 /PRNewswire/ -- Today, WorldRemit, the global remittance platform within Zepz, announces Naira currency remittances as an expanded offering for Nigerian customers, available through bank transfer, airtime top up and at all cash pick-up locations throughout the country. More than US$20 billion dollars was remitted into Nigeria last year by the nearly 1.5 million Nigerian migrants around the world, making the nation the 8th largest remittance receiving country globally. Remittances account for more than...