06/05/2019
Japan's third-largest banking group is more likely to either buy an online lender or build one from scratch itself, rather than acquire banks with physical branches, CEO Tatsufumi Sakai said in an interview.
06/05/2019
The bank is performing well beyond the trail of innovation, completely transforming its banking capabilities and enhancing customer experience.
06/03/2019
MUFG will accept applications until the end of July and the number of retirees will be decided on that basis, a person with knowledge of the matter said.
06/03/2019
The proportion of all employees that are paid at the adult minimum wage rate is estimated to be 1.7 per cent, or around 180,200.
05/20/2019
Ausmaq chief executive Ravi Subramaniam said the sale was the beginning of a new chapter for the administrator.
05/20/2019
The top three instead were: ANZ, Macquarie Bank and Westpac.
05/19/2019
Reserve ratio cut follows key rate reduction, slower 1Q growth
05/16/2019
The message is that we must all evolve in order to survive and to compete, and that is certainly true in banking.”
05/14/2019
The big four bank, which is Australia’s largest bank, said the remediation consisted of $334 million for Aligned Advice remediation, $72 million for wealth customer refunds, $152 million in banking customer refunds and $156 million in other costs.
05/13/2019
Bank Woori Saudara, meanwhile, has been holding a series of seminars on asset management for Indonesia customers, Woori Bank in Seoul said.
05/13/2019
According to the RBI report, empirical evidence puts forward several interesting facts about the behaviour of bank deposits.
05/13/2019
The main culprit for the drop, which was worse than investors had expected, was a new $714 million charge that the bank took in provisions for customer remediation, mainly in its wealth division.
05/13/2019
They received over $2.4 billion and $1.5 billion in orders respectively, with Asia buying 92 percent of the deal and the rest coming from EMEA in both cases, according to Reuters.
05/09/2019
The bonds carried a coupon of 6.25 percent.
05/08/2019
It’s breeding is impeccable in a region that values pedigree almost as much as the British peerage does.
05/06/2019
The question is whether Westpac’s results adds to this confidence even as its first net profit tumbled to $3.2 billion, while the more closely watched cash profit figure plunged 22% to $3.3 billion.
05/06/2019
The award covers the Asia Pacific, the Middle East and West Africa
05/06/2019
Lenders also creating new roles, using more tech at contact centres
05/06/2019
If the industry receives a similarly inferior evaluation again, Japanese banks’ international transactions may be subject to restrictions, and overseas settlements and remittances, as well as transactions for cross-border trade, may be affected.
05/03/2019
NAB’s profit for the half rose by 4.3 per cent from the pcp to $2.7 billion, with cash earnings up by 7.1 per cent to $2.9 billion.