banking

MOVES Citigroup poaches Shah from Credit Suisse to boost tech M&A

Citigroup (C.N) has hired veteran tech banker Dhiren Shah from Credit Suisse Group AG (CSGN.S), as it doubles down on investing in its…

4 years ago

Delta delays great exit as RBNZ holds fire on hikes

The Delta variant has delayed an expected rate hike in New Zealand, leaving Norway likely the first G10 economy to…

4 years ago

HSBC snaps up Axa Singapore assets for $575 mln in Asia expansion

HSBC Holdings (HSBA.L) has agreed to acquire French insurer Axa's (AXAF.PA) Singapore assets for $575 million, part of its strategy of scaling up its…

4 years ago

Malaysia c.bank slashes 2021 growth outlook on COVID-19 surge, lockdowns

Malaysia's economy expanded more quickly than expected on an annual basis in the second quarter, but the central bank slashed…

4 years ago

Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank

Four years after spending 5.4 billion euros ($6.3 billion) to rescue it, Rome is in talks to sell Monte dei…

4 years ago

Australia’s NAB posts 10.3% rise in cash profit, upbeat on outlook

National Australia Bank Ltd (NAB.AX), the country's No. 3 lender, said on Thursday its third-quarter cash profit rose 10.3% as it…

4 years ago

U.S. Justice Dept says tweaks to debit-card rule good for competition, consumers

The U.S. Justice Department on Wednesday threw its weight behind a proposed rule change that would require banks and other…

4 years ago

Dutch bank ABN Amro resumes dividend payments as Q2 net profit beats

Dutch bank ABN Amro (ABNd.AS) said on Wednesday it would resume dividend payments as an economic recovery in the Netherlands had…

4 years ago

Deutsche Bank bolsters U.S. healthcare IB unit with new exec hires

Deutsche Bank AG (DBKGn.DE) has hired two new managing directors for its healthcare investment banking team in the United States, according to…

4 years ago

Citigroup to require vaccines for staffers returning to main U.S. offices

Citigroup Inc (C.N) will require U.S. employees returning to its New York headquarters and offices in some cities to be vaccinated against…

4 years ago