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KUALA LUMPUR: Malayan Banking Bhd (Maybank) has become the first local bank to implement the SWIFT global payments innovation (gpi) service that will enable customers to enjoy speedier, more convenient and secure cross-border remittances.
SINGAPORE: Oversea-Chinese Banking Corp. is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalise on the nation’s financial-industry loosening.
Tattooed models in mustard robes replaced the usual grey-suited bankers at Nordea Bank's Copenhagen headquarters recently, as the Danish bank strutted out its latest attempt to woo young talent.
FRANKFURT: Berlin is so worried about the health of Deutsche Bank that it pushed for a merger with rival Commerzbank even though it could open up a huge financial shortfall, a German official told Reuters.
NEW YORK: Three former Credit Suisse Group AG bankers were charged here with defrauding US investors who helped provide more than US$2bil in loans to Mozambique, thrusting another global bank into a fund-raising scandal involving a developing nation.
DELAWARE (Bloomberg): Three former Credit Suisse Group AG bankers were charged in New York with defrauding US investors who helped provide more than US$2bil in loans to Mozambique, thrusting another global bank into a fundraising scandal involving a developing nation.
HERE lies an outlandish idea: Malaysia should embark on its biggest-ever banking merger to create Asean’s largest bank, nudging out Singapore’s DBS from that position. I’m talking about a mega merger anchored by Maybank to glue together CIMB, RHB, Ambank and Affin Bank.
From “citizen science” identifying slavery to drones mapping degraded land, technology and data can help create a “search bar for the planet” and detect and fight all manner of human rights abuses, experts told a conference.
HONG KONG: After cutting a sometimes lonely figure as a staunch bear amid Japan’s stock-market rally, Shannon McConaghy has been vindicated.