In this interview with David Power, the accomplished CEO of BNF Bank, we gain insights into his transformative leadership journey. With a distinguished career spanning global financial hubs, David has steered BNF Bank to new heights. What can you tell us about the achievement of third-country branch authorization in the UK? Why is this such a significant and positive development for BNF Bank and its clients? David Power: BNF Bank has actively operated in the United Kingdom through its London branch since 2019. In November 2023, we obtained approval to operate a third-country branch authorized by…
Finance
Stop the Fearmongering
Five ways Rachel Reeves can champion SMEs ahead of the Autumn Statement By Douglas Grant, Managing Director at Conister Bank As signs of economic recovery were beginning to appear this year, it’s crucial to empower small and medium-sized enterprises (SMEs) with the support they need to flourish. SMEs are the backbone of our economy, driving innovation, creating jobs, and stimulating local communities. However, under Labour’s leadership so far, the rhetoric has been fiscal fearmongering as SMEs face the challenge of uncertainty that risks hindering rather than boosting their growth.
Market Report: No September Spark for FTSE 100
by Susannah StreeterHead of Money and Markets and Podcast host for HL’s Switch Your Money On There’s no September spark for the FTSE 100, with the index trading flat and losing more ground early in the session. After a disappointingly lower close on Friday, the footsie remains elusively below its record highs, with mining stocks sinking lower amid China’s ongoing economic troubles.
Expanding Horizons: Euro Exim Bank’s Strategic Growth in Africa and India
We interview Dr.Graham Bright JP, Head of Compliance and Operation Euro Exim Bank, a financial institution with global ambitions in trade finance. James Brown: Can you provide a brief overview of Euro Exim Bank and its core trade finance services? Dr.Graham Bright: Euro Exim Bank Ltd, is an authorised, supervised bank, regulated by the Financial Services Regulatory Authority of St. Lucia (FSRA). We are also a member of the Caribbean Association of Banks (CAB) and the International Chamber of Commerce (ICC).