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Tag: bank of montreal
Deutsche Bank and UniCredit job cuts push global bank-job cull to 75,000 this year
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).
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Fintech Funding Decline: The State of Fintech in 2022
Despite the decline, the fintech industry's performance in 2022 still beats its performance from two years ago, with funding increasing by 52% compared to 2020.
Partnership between Credits and Unlimint
Credits is a digital neobank that combines many financial services into one application, focusing on providing financial services for the cryptocurrency space.
UK Neobank Zopa Raises £75 Million in All-Equity Investment
The company has 850,000 customers across its different businesses and is on track to be profitable for the full year in 2023, the first time since its founding 17 years ago.
UK SMEs Lean on Business Finance and Credit for Growth and Sustainability
As interest rates remain high, borrowing will continue to play a significant role in helping these businesses achieve their goals.