Posts Tagged ‘Banking’

Bank Rakyat bets big on digital to woo younger clients

by PRIYA VASU & ASILA JALIL / pic by BERNAMA
BANK Rakyat Bhd plans to invest substantially in its digital drive as the Islamic cooperative bank ...

ECB’s Lagarde tells eurozone to ‘innovate and invest’

by AFP/ pic by BLOOMBERG
GERMANY – Christine Lagarde on Friday urged European countries to “innovate and invest” more to support ...

Low rates prompting ‘excessive risk-taking’, ECB warns

by AFP/ pic by BLOOMBERG
GERMANY – Historically low eurozone interest rates likely to persist into the foreseeable future are causing increased ...
Westpac AFP

Australia’s Westpac faces huge fine for money-laundering breaches

by AFP/ pic by AFP
SYDNEY – Australian banking giant Westpac faces a massive fine after being accused by regulators Wednesday of “serious ...

Singapore fines UBS $8m for deceptive trades

by AFP/ pic by BLOOMBERG
SINGAPORE – Singapore has fined Swiss banking giant UBS Sg$11.2 million ($8 million) after investigations showed its ...

Domestic banking sector to face ‘increasing challenges’ ahead, say experts

Moderating global economic growth will continue to ‘negatively impact business and financial market sentiment’
by NG MIN SHEN/ pic by MUHD AMIN NAHARUL ...

Philippine firms see longest-serving directors

This has implications in the region’s push for greater board diversity in banking, property and retail giants
MANILA • Family-led enterprises are ...

Nomura may mull dozens of job cuts in Europe, US

LONDON • Nomura Holdings Inc is planning to cut dozens of jobs across its trading and investment-banking businesses in Europe and the US as the brokerage ...

Start-ups crucial to GDP’s contribution

By NUR HAZIQAH A MALEK / Pic By ISMAIL CHE RUS
Banking and financial institutions should focus in providing adequate funding for start-up businesses in ...

Serious gaps in Islamic banking and finance

The sheer absence of original thinking and innovation has resulted in an IBF sector that is now hard to differentiate from ...

Biggest Indonesian Islamic bank sees sector riding on a wave of halal lifestyle

by BLOOMBERG / pic credit: www.syariahmandiri.co.id
JAKARTA • With demand for financial products conforming to Islamic principles soaring, Shariah ...

Banking industry likely to grow moderately in 2019

The forecast is based on the economic performance of major countries around the world, says UOB Malaysia MD
BY SHAZNI ONG / Pic By TMR The banking ...