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SINGAPORE: Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking licence in Singapore, a move that would add a heavyweight contender to the race.
Yandex, the Internet giant said to be Russia's answer to Google, unveiled planned governance changes Nov 18 as authorities seek to tighten control over the Internet.
LONDON: Investor appetite for risk that has sent equity markets to record highs has the potential to extend into next year, according to Credit Suisse Group AG.
MUMBAI: India’s Supreme Court has refused to lift the block on completion of the takeover of embattled hospital chain Fortis Healthcare Ltd by IHH Healthcare Bhd, the latest twist in one of the country’s most contentious and long drawn out corporate battles.
Google is taking its deepest dive yet into the financial lives of its users with plans to roll out a checking-account service.
Alphabet Inc's Google said on Nov 13 it will offer personal checking accounts next year through its Google Pay app, initially in partnership with Citigroup Inc and a small credit union at Stanford University.
AMSTERDAM: ABN Amro Bank NV saw profit slip and warned of uncertainty after it became the target of an unexpected criminal probe.
TOKYO: Mitsubishi UFJ Financial Group Inc (MUFG) has reported a 6.3% drop in net profit for the six months through September, as its profit in the same period of last year was buoyed by the release of bad loan provisions.
HONG KONG (Bloomberg) -- Citigroup Inc warned Hong Kong staff to avoid illegal gatherings after police grabbed one of its investment bankers off a sidewalk. As protests raged, firms across the city urged workers to consider staying home to ensure their families’ safety.
HONG KONG: Safety memos have become a part of daily life at big banks in Hong Kong but the latest edition are expressing an even higher level of caution as violence escalates, sometimes on streets directly outside office doors.