Retail Banking
Bengaluru, India and Manila, Philippines – November 29, 2023: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC)…
- December 1, 2023
SYDNEY, Nov 20 (Reuters) – Westpac Banking Corp (WBC.AX), Australia’s third-largest bank by market capitalisation, said on Monday it would raise A$750 million ($488.1 million) in an Additional Tier 1 (AT1)…
- November 21, 2023
HONG KONG, Nov 9 (Reuters) – Deutsche Bank (DBKGn.DE) is investing more in Asia Pacific markets to woo clients seeking European lenders amid Sino-U.S. tensions and to profit from the region’s higher…
- November 10, 2023
MILAN, Nov 7 (Reuters) – Italian online bank and brokerage Fineco (FBK.MI) on Tuesday signaled a possible drop in its 2024 net financial income (NFI), sending its shares down 2.8% after…
- November 8, 2023
(Bloomberg) — DBS Group Holdings Ltd. expects this year’s record level of profit to continue through 2024 after earnings beat estimates from strong margin growth in commercial lending. Net interest…
- November 7, 2023
WASHINGTON, Oct 10 (Reuters) – Around 5% of banks globally are vulnerable to stress if central bank interest rates remain higher for longer, despite the easing of turmoil in the…
- October 11, 2023
LONDON, Oct 10 (Reuters) – The Bank of England said on Tuesday that money market funds should hold “significantly” higher amounts of liquid assets to cope with market volatility after…
- October 11, 2023
England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. As Bloomberg News reported Sunday (Oct. 8), the funding package is comprised of a £325 million capital raise, comprising £150…
- October 10, 2023
WASHINGTON, Oct 9 (Reuters) – The U.S. Federal Reserve’s top regulatory official defended a sweeping proposal to overhaul bank capital rules before the country’s largest bank lobby on Monday, arguing…
- October 10, 2023
MARRAKECH, Oct 9 (Reuters) – The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost the private financing…
- October 10, 2023