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JP Morgan Chase Expects Legal Charges to Reach $6 Billion as FX Penalties Loom
- Yet another bank loosens its purse strings in view of oncoming litigation costs attached to Forex manipulation and benchmark malpractise issues. More broadly, the banking industry could be on the hook for over $50 Billion.
Tuesday, 04/11/2014 | 08:26 GMT by
George Tchetvertakov
ANZ Adds Managing Director, Mark Whelan To its Board
- ANZ has announced that it has appointed Mark Whelan to its Board, broadening his role as its acting Managing Director, Global Commercial Banking in a bid to help foster continued growth in Australia.
Monday, 20/10/2014 | 12:53 GMT by
Jeff Patterson
Top Banks Scramble to Restore Forex Revenues as Regulatory Impacts Bite Bottom Line
- As falling volumes cut into banking revenues, FX activity at banks is falling at its fastest rate since 2008. Low volatility combined with internal restructuring is further complicated by regulatory challenges.
Thursday, 28/08/2014 | 04:50 GMT by
George Tchetvertakov
BNP Paribas Adds Veteran Nick Jenkins To Its UK Division
- BNP Paribas Securities Services has recently named Nick Jenkins as its Head of Technical, UK depository bank, helping oversee trustee and depository services at the group after 30 years of experience in the banking sector.
Thursday, 14/08/2014 | 16:16 GMT by
Jeff Patterson
ANZ Elevates Ivy Au Yeung to CEO of Hong Kong Operations
- Australia and New Zealand Banking Group Ltd (ANZ) has named Ivy Au Yeung as its newest Chief Executive Officer for its Hong Kong-based unit in a bid to grow the group’s retail, commercial, and institutional business.
Friday, 01/08/2014 | 14:41 GMT by
Jeff Patterson
Capco Names Paul Trotter, James Arnett as Partners for UK Business
- Capco, a global technology and solutions provider for multiple asset-classes has announced the twin promotions of Paul Trotter and James Arnett as Partners, overseeing the company’s UK business.
Monday, 28/07/2014 | 16:24 GMT by
Jeff Patterson
Bitcoin startup Circle launches its first BTC payment solution
Sunday, 18/05/2014 | 11:10 GMT by
FMAdmin Someone
Westpac to offer first fingerprint authorized banking app for Galaxy S5
Thursday, 17/04/2014 | 10:42 GMT by
Adil Siddiqui
UK: With mobile banking on the rise banks are minimizing branches and employees
Monday, 31/03/2014 | 12:35 GMT by
FMAdmin Someone
88% of Millennials use online and mobile banking solutions
Wednesday, 26/03/2014 | 15:23 GMT by
FMAdmin Someone
UK banks come together to offer P2P mobile solution
Tuesday, 11/03/2014 | 12:33 GMT by
FMAdmin Someone
Chinese web giant Baidu is seeking banking license
Sunday, 09/03/2014 | 13:44 GMT by
FMAdmin Someone
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