Banking Industry News

SAP BrandVoice: How Cloud ERP Is Transforming The Future Of Banking

The story of Standard Chartered Bank (SCB) is the tale of two banks spanning centuries and continents. It began in 1853 with a royal charter from Queen Victoria for a bank in India, China, and Australia and later merged with the Standard Bank of…

CBS Texas Small Business Spotlight: CMT Industries - Brought to you by Comerica Bank

Royal Bank of Canada stock remains steady Tuesday, underperforms market

Shares of Royal Bank of Canada RY were unchanged Tuesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.18% to 25,635.73. Royal Bank of Canada closed C$1.01…

Lloyds Banking Group rises Tuesday, still underperforms market

Lloyds Banking Group PLC LLOY shares inched up 0.23% to 52.94 British pence Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 0.56% to 8,359.41. Lloyds Banking Group PLC…

Axis Bank outperforms market on strong trading day

Axis Bank Ltd. 532215 shares rose 2.05% to 1,160.05 Indian rupees Tuesday, on what proved to be an all-around great trading session for the stock market, with the BSE SENSEX Index 1 rising 0.74% to 80,845.75. Axis Bank Ltd. closed 179.50 rupees…

Kotak Mahindra Bank falls Tuesday, underperforms market

Kotak Mahindra Bank Ltd. 500247 shares inched down 0.28% to 1,749.50 Indian rupees Tuesday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.74% to 80,845.75. Kotak Mahindra Bank…

Huge Vietnam fraud case raises questions over banking system

Alice Philipson and Tran Thi Minh Ha A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge. Judges…

The Reserve Bank is not smashing the jobs market

Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? The unemployment rate is a historically low 4.1 per cent, the same as the start of this year. More than 388,000 additional workers have secured…

Queen Maxima of the Netherlands attends Banking Summit in London

The Dutch royal, 53, cut an elegant figure on Tuesday READ MORE: Mambo steals the show (again)! Dutch royal family left red faced as their beloved dog relieves himself during their annual Christmas photoshoot Queen Maxima of the Netherlands cut an…

Bank of America Sees Weaker Crude Prices in 2025

A looming global oil surplus of around 800,000 barrels a day is likely to keep pressure on crude prices in 2025, with production growth set to outpace the increase in demand, Bank of America said Tuesday. In its 2025 energy outlook, the bank sees…

4 Myths About Online Banking That Could Be Costing You Money

Online banks offer a convenient way to access and manage your money anywhere you go. In many cases, they also provide better features, higher rates on deposit accounts, and lower fees compared to brick-and-mortar banks. These perks can save (or…

Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals

GENEVA -- World Cup sponsor Bank of America teamed with FIFA for a second time Tuesday, signing for the Club World Cup that still has no broadcast deals just over six months before games start. Bank of America became FIFA's first global banking…

As Vegas stadium costs rise, bank vouches for Fisher family's ability to foot the bill

The A's now estimate the cost of their new stadium in Las Vegas will be $1.75 billion, an increase of $250 million from the initial projection. Sandy Dean, who owns a small stake in the team and is an advisor to lead owner John Fisher, said the…

Danske Bank A/S, transactions by persons discharging managerial responsibilities

Transactions made by persons obliged to report transactions to the Danish FSA and Nasdaq Copenhagen, cf. the EU Market Abuse Regulation. In connection with the share buy-back program in Danske Bank A/S, APMH Invest A/S continuously sells shares pro…

This bank's outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple

Pretty much all of Wall Street seems to have posted their outlook for the stock market next year. But one bank, Denmark's Saxo Bank, does things differently. Each year they produce their outrageous predictions -– which is their attempt to…