CONSUMER BANKING
JAKARTA – Citi announced today it has successfully completed the sale and full migration of its Indonesia consumer businesses to UOB Indonesia(UOBI). The sale includes retail banking, credit card, and…
- November 20, 2023
Last week, the Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) proposed a Shared Responsibility Framework (SRF) for phishing scams in Singapore. The framework requires financial institutions and telecommunication companies to share…
- November 1, 2023
Q3 net profit up 13% to 2.1 bln euros, slightly above forecasts Q3 NII up 22.5% to 6.4 bln euros, beating forecasts Provisions rose 29% y/y in the quarter, above…
- November 1, 2023
The Bank of Japan announced it’s increasing its bond purchases at Wednesday’s auction, as a spike in government bond yields tests its resolve to defend its yield curve control policy….
- October 3, 2023
MILAN, Sept 20 (Reuters) – Italy’s UniCredit (CRDI.MI) on Wednesday said its strong fundamentals would allow it to bring forward up to 2.5 billion euros ($2.7 billion) of its 2023 share buyback…
- September 21, 2023
MILAN, Sept 20 (Reuters) – The surprise bank tax Italy’s government introduced in August has no major impact on UniCredit’s (CRDI.MI) earnings, but the uncertainty it stoked is damaging, Chief Executive Andrea…
- September 21, 2023
SYDNEY, Sept 19 (Reuters) – The Reserve Bank of Australia considered a 25 basis point hike in interest rates before eventually deciding to hold the benchmark cash rate unchanged at…
- September 19, 2023
The newly established relationship provides Pax8 with a US$50 million line of credit, bolstering the company’s already substantial liquidity position and furthering its growth ambitions. The company notes that they…
- September 6, 2023
BEIJING/HONG KONG, Aug 30 (Reuters) – Two of China’s biggest banks on Wednesday posted sluggish profit growth as the economy struggles to bounce back after the lifting of pandemic restrictions,…
- August 31, 2023
Aug 30 (Reuters) – National Bank of Canada (NA.TO) on Wednesday reported quarterly earnings below analysts’ expectations hurt by weakness in its capital markets business and higher bad loan provisions. The smallest…
- August 31, 2023