Lender

Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
November 13, 2024
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees, the Dutch...
Australian lender Westpac sees solid credit demand in 2025, posts 3% annual profit fall
Australian lender Westpac sees solid credit demand in 2025, posts 3% annual profit fall
November 3, 2024
AUSTRALIA’S Westpac Banking on Monday (Nov 4) reported a fall in annual profit, and said it expects solid demand for housing and business credit in 2025 as the country’s...
Australian lender ANZ launches structural overhaul amid regulatory woes
Australian lender ANZ launches structural overhaul amid regulatory woes
October 30, 2024
ANZ Group has unveiled an organisational overhaul, with an aim to streamline operations and enhance data analytics, the Australian lender said on Wednesday (Oct 30) as it sought to...
HSBC’s new CEO is looking to shake up Europe’s largest lender
HSBC’s new CEO is looking to shake up Europe’s largest lender
September 16, 2024
WITH just two weeks under his belt as the new chief executive officer of HSBC Holdings, Georges Elhedery has made it clear he’s looking to make his mark on...
India’s biggest lender deploys 2,000 bankers to woo the wealthy
India’s biggest lender deploys 2,000 bankers to woo the wealthy
August 6, 2024
STATE Bank of India (SBI), the country’s largest lender, is making a renewed push into wealth management as the number of people getting richer surges.The bank’s wealth management unit...
Regional Japan lender dangles megabank pay for market hires
Regional Japan lender dangles megabank pay for market hires
July 11, 2024
YAMAGUCHI Financial Group, a regional lender headquartered on the western tip of Japan’s biggest island, is considering paying new hires with securities market expertise around the same compensation as...
MUFG’s talks for stake in India consumer lender said to hit snag
MUFG’s talks for stake in India consumer lender said to hit snag
July 3, 2024
Mitsubishi UFJ Financial Group’s negotiations for a minority stake in HDFC Bank’s consumer lending unit are stalling due to differences over how much say it will have in company...
Australia’s ANZ exits Malaysian lender AMMB with US9 million stake sale
Australia’s ANZ exits Malaysian lender AMMB with US$149 million stake sale
May 30, 2024
ANZ Group, Australia’s fourth-largest bank, has exited its investment in Malaysian firm AMMB Holdings by selling its entire 5.2 per cent stake for up to US$149 million, according to...
Crypto lender Genesis to return US billion to customers in bankruptcy wind-down
Crypto lender Genesis to return US$3 billion to customers in bankruptcy wind-down
May 18, 2024
CRYPTO lender Genesis Global received court approval on Friday to return about US$3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital...
Abu Dhabi’s largest Islamic bank in talks to buy US.1 billion stake in Indonesian lender
Abu Dhabi’s largest Islamic bank in talks to buy US$1.1 billion stake in Indonesian lender
April 17, 2024
ABU DHABI’S largest Islamic bank is in talks to buy a minority stake valued at around US$1.1 billion in Indonesia’s top Islamic lender, Bank Syariah Indonesia, sources said, with...