Banking fees top $1bn at HSBC

Banking fees top $1bn at HSBC

More than $1bn in banking fees helped HSBC weather the fixed income falls that hit the world's largest investment banks in the second quarter.
See Original Article

Luxembourg officially throws hat in ring for EU banking authority

Luxembourg and Ireland have officially entered the race to house the EU's banking authority, while Frankfurt is believed to be the frontrunner to host
See Original Article

REPORT: Japan's biggest bank chooses Amsterdam ahead of Frankfurt for post-Brexit EU hub

MUFG has already shifted its main EU HQ for corporate and retail banking to Amsterdam, but will also move its investment banking activities within the
See Original Article

Deutsche Bank's Seerapu joins Lloyds in Asia

Lloyds Bank has appointed Shivkumar Seerapu as head of its global transaction banking (GTB) business in Asia – a new role for the bank. Seerapu
See Original Article

Why I'd buy and hold Lloyds Banking Group plc forever

Markets reacted coolly to last week's half-year results from domestic financial services behemoth Lloyds Banking Group(LSE: LLOY), but I think
See Original Article

SBI cuts savings account interest rate, banking stocks rise

The State Bank of India stock on Monday rose after the lender announced slashing of interest on savings account deposits by 50 basis points to 3.5
See Original Article

PNG governor stands firm on independence from government

The governor of the Central Bank of Papua New Guinea has hit back at claims his institution has become a government “puppet”, while defending his
See Original Article

SBI cuts savings bank rate to 3.5% on deposits up to Rs. 1 cr

The decline in rate of inflation and high real interest rates have prompted State Bank of India to cut the savings bank deposits rate from 4 per cent to
See Original Article

Banking's fintech fears

Twenty-two fintech companies around the world are now worth more than $1bn and bankers are becoming worried about these upstarts, especially
See Original Article

The Monday mindset: 31 July 2017

HDFC Bank, for example, understands that users have a tough time remembering their customer ID and password while on their mobile phones,
See Original Article

Cross-country Banking and Financial Frustration

One thing I wasn't willing to give up was my bank, a local credit union that had provided me years of great customer service and benefits. It was there
See Original Article

Kakao Bank attracts 820000+ clients in four days since launch

Kakao Bank, one of South Korea's first digital only banks, says it has attracted KRW $535 ($477 million) worth of business in deposits and loans in just
See Original Article

SBI cuts savings rate by 0.5%; 90% customers to be impacted

The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts with deposits of above Rs 1 crore, it said in a
See Original Article

The Sell-Off In Lloyd's Is Utterly Ridiculous

Lloyd's Banking Group's (LYG) stock has lost about 4% of its value since it reported a great quarter last week, simply because of a relatively small
See Original Article

Florida Community Bank Names Chris Rolle Central Florida Regional Executive & Commercial …

WESTON, Fla.–(BUSINESS WIRE)–Florida Community Bank (FCB) is pleased to announce the appointment of Chris Rolle as Central Florida
See Original Article

The problem with Mobile Banking is “Banking”

Zenith Bank is Nigeria's largest bank by Tier 1 capital and 7th in Africa according to the Bankers' magazine ranking in 2016. My question is simple….
See Original Article

Mashreq Bank appoints new head of Private Banking

Dubai: Mashreq Bank has appointed Vipul Kapur as its new Head of Private Banking. Kapur replaces Rajesh Malkani who left the bank to pursue an
See Original Article

Open banking will breathe new life into fintech

Banking is increasingly mobile. A recent report from the British Bankers Association (BBA) shows that activity on banking apps has rocketed by 354
See Original Article

Turkey: Banking sector's net profit up over 30 percent

Turkey's banking sector made 25.35 billion Turkish liras ($7.24 billion) net profit between January and June this year, according to Banking Regulation
See Original Article

Why banks may start charging for current accounts due to crackdown on overdraft fees

BANKS may be forced to radically change the way they charge customers going … In 2012, Mr Bailey said that free banking was a “dangerous myth”.
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.