banking

UniCredit chairman says banking M&A needs European focus -La Stampa

Banking mergers should be aimed at European expansion, UniCredit (CRDI.MI) Chairman Pier Carlo Padoan said in a newspaper interview on Monday, warning…

4 years ago

Global M&A activity smashes all-time records to top $5 trillion in 2021

Dec 20 (Reuters) - Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark…

4 years ago

Swiss National Bank sticks to loose policy, diverging from Fed and others

The Swiss National Bank stuck to its ultra-loose monetary policy on Thursday, diverging from the tightening path being taken by…

4 years ago

China Evergrande braces for debt deadline after doubting ability to pay

After lurching from deadline to deadline, China Evergrande Group (3333.HK) is again on the brink of default, with pessimistic comments from the…

4 years ago

Softbank Group shares slide 3% after Didi, Arm, Grab triple setback

Shares in Japanese conglomerate SoftBank Group Corp (9984.T) dropped over 3% on Friday after the giant tech investor was hit with three…

4 years ago

UBS appoints JP Morgan Chase executive Youngwood as group CFO

UBS (UBSG.S) has recruited former JP Morgan Chase executive Sarah Youngwood as its group chief financial officer, the Swiss bank said on…

4 years ago

ANZ faces class action for “unfair” interest charged from credit card customers

Australia and New Zealand Banking Group (ANZ.AX) has been sued by a law firm for charging interest on some purchases by credit…

4 years ago

Singapore bank DBS suffers two-day tech outage, c.bank mulls supervisory action

Singapore's central bank said on Wednesday that it will consider taking "supervisory action" on DBS Group Holdings Ltd (DBSM.SI) after the Singapore…

4 years ago

Australia banking watchdog publishes long-awaited capital rules

Australia's banking regulator published on Monday a final set of rules asking banks to hold more capital against investor and…

4 years ago

More investors turning sour on emerging markets – HSBC survey

More than one in four investors feel 'bearish' about emerging markets, an HSBC survey showed on Wednesday, as slowing economic…

4 years ago