swissbanking

The impact of geopolitics on the Swiss financial centre 

At the 2024 Swiss Bankers Association Bankers Day, Chairman Marcel Rohner emphasized the importance of Switzerland’s political and economic stability, highlighting key areas such as neutrality, property rights protection, and consistent sanction policies. Four new members joined the SBA Board of Directors. The event underscored geopolitics’ impact on Switzerland’s financial centre. Continue reading The impact of geopolitics on the Swiss financial centre 

Mastercard

Mastercard invests in continued defense of global digital economy with acquisition of Recorded Future

Mastercard announced the $2.65 billion acquisition of global threat intelligence company, Recorded Future, to enhance its cybersecurity services and provide greater threat intelligence across its network. The acquisition aims to improve cyber risk mitigation using AI, benefiting Mastercard’s vast client base, fostering innovation, and extending Recorded Future’s market reach. Continue reading Mastercard invests in continued defense of global digital economy with acquisition of Recorded Future

Standard and Poor’s Global

S&P Upgrades Jamaica from ‘B+’ to ‘BB-’, Outlook Remains “Stable”

Kingston, Jamaica: Wednesday, September 13, 2023 Standard and Poor’s Global Ratings, today, September 13, 2023, upgraded the Government of Jamaica’sLong-Term Foreign and Local Currency Issuer Default Rating (IDR) from ‘B+’ to ‘BB-’ with a stableoutlook. The S&P rating reflects the agency’s projections that Jamaica’s debt-to-GDP will continue to decline,led by modest fiscal surpluses, over the medium-term. While the government’s interest burden remainshigh, S&P expects that … Continue reading S&P Upgrades Jamaica from ‘B+’ to ‘BB-’, Outlook Remains “Stable”

Yonsei University Joins Ripple’s UBRI

Yonsei University Joins Ripple’s UBRI to Drive Innovation in Blockchain Research

Partnership with one of South Korea’s most prestigious academic institutions is Ripple’s 58th UBRI partnership globally and 12th within Asia Pacific SEOUL, South Korea – Ripple, the leading provider of digital asset infrastructure, announced today that Yonsei University in South Korea is the latest partner to join its University Blockchain Research Initiative (UBRI) program. This new partnership with one of South Korea’s most prestigious academic institutions marks Ripple’s 58th … Continue reading Yonsei University Joins Ripple’s UBRI to Drive Innovation in Blockchain Research

Central Pacific Financial

Veteran Banker Ralph Mesick Joins CPB as Senior Executive Vice President and Chief Risk Officer

HONOLULU – Ralph Mesick, a veteran Hawaii banker with nearly 40 years of financial services experience, has joined Central Pacific Bank (CPB) as its Senior Executive Vice President and Chief Risk Officer, according to an announcement today by Arnold Martines, CPB chairman, president, and chief executive officer. “The bank was started for our community, by our community, and I look forward to helping build our … Continue reading Veteran Banker Ralph Mesick Joins CPB as Senior Executive Vice President and Chief Risk Officer