Saturday, February 23, 2019

Huawei’s operations expand global reach

SHENZHEN: Even though it faces security allegations in several developed markets, Chinese technology major Huawei said that its global operations remain stable, with businesses...

Compliance will kill the bank

I was talking with a banker at a recent conference, and was surprised by his attitude. He’s not worried about Amazon, Google or Alibaba;...

Australian banks lobby regulator on big subordinated debt order

HONG KONG: An Australian regulatory push to boost banks’ capital buffers, which is expected to unleash about A$83 billion ($60 billion) of new junior...

Across Trump’s America, the grassroots are growing radical

DD GUTTENPLAN Depending on which media you consume, Donald Trump will either leave office in handcuffs – or coast to a second term. Making sense...

Twitter tests new ads strategy for trending topic

San Francisco: Micro blogging site Twitter is reportedly starting to test a new advertising strategy to boost revenue from its trending topics. The “Promoted Trend...

Fitch upgrades Indonesian state-owned banks

Jakarta: Fitch Ratings has upgraded the Viability Rating (VR) of Indonesian state-owned bank, PT Bank Rakyat Indonesia (Persero) Tbk (BRI), to ‘bbb-‘ from ‘bb+’....

Wall Street betting on big banks ahead of earnings

WASHINGTON: All eyes are on banks stocks ahead of earnings next week, and the Street is split on whether financial stocks are attractive at...

50 banks, financial firms turn to the Netherlands as Brexit looms

AMSTERDAM: As Brexit nears, the Dutch authorities processing banking and markets licenses are starting to feel the heat. About 50 banks and other financial...

Google, Facebook face crackdown over market power

SYDNEY: Google and Facebook Inc. face a regulatory crackdown in Australia after the nation’s competition watchdog joined a chorus of international criticism over their...

Santander Holdings USA declares quarterly dividend

BOSTON: Santander Holdings USA, Inc., parent company of Santander Bank, N.A., announced that its Board of Directors declared a dividend on SHUSA’s Series C...

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