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.
05/03/2019
The growth was mainly spurred by loans to state-owned enterprises and top-tier corporate clients.
05/03/2019
Daily spends on Emirates HLB cards earn Skywards Miles redeemable for flight rewards on Emirates and partner airlines
05/01/2019
The gain comes on the heels of disappointing 2018 fourth quarter when four of the five turned in their weakest profit growth in more than two years as business activity slowed and they sharply increased provisions for bad loans.
05/01/2019
Banks face tough housing market and ballooning costs following inquiry into misconduct
04/30/2019
Analyst flag challenging year as competition intensifies in a slowing economy
04/30/2019
CCB's non-performing loan ratio was 1.46 at the end of March, unchanged from three months earlier.
04/30/2019
Its net interest margin (NIM), a gauge of bank profitability, narrowed to 1.82 percent as of end-March from 1.90 percent at the end of 2018.
04/30/2019
One of the bank’s biggest threats? A pack of upstarts that barely existed two months ago, backed by the likes of Standard Chartered Plc and Chinese internet insurer ZhongAn Online P&C Insurance Co.