Tag archive for ‘banks’
By subhadip On Monday, February 13th, 2017
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Oil has strengthened, but Singapore banks not out of the woods yet

Stronger global oil prices have yet to benefit the offshore marine sector, whose continued troubles are expected to dominate the narrative this week when Singapore’s three largest banks release their earnings More...

By subhadip On Friday, February 3rd, 2017
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Banks’ duty to provide free ATMs and keep branches open

I note the current negotiations over the future of the ATM network (Fees row may lead to charge for Link cash machine withdrawals, 19 January). In 2005, I led a Treasury committee inquiry into cash machine charges More...

By subhadip On Thursday, January 19th, 2017
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Blockchain can help investment banks save $8bn per year, Accenture says

Accenture and operations benchmarking consultancy firm McLagan evaluate the applications of distributed ledger technology (DLT) in investment banking operations in the “Banking on Blockchain” report. For the More...

By subhadip On Monday, January 9th, 2017
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Brexit: banks consider whether to start moving business out of UK

Brexit could have an impact on the City in the coming months as banks decide whether to implement contingency plans to ensure they retain access to the remaining 27 EU member states by moving business out of the More...

By subhadip On Monday, January 9th, 2017
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Banks, oil stocks weigh on Wall St., keep Dow from 20,000

The Dow Jones Industrial Average declined on Monday, retreating from the historic 20,000 mark, weighed down by banks and energy companies, while a gain in technology stocks kept the Nasdaq afloat. Of its 30 components, More...

By subhadip On Monday, December 12th, 2016
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IT spending by banks, securities companies to hit $7.8 bn

IT spending by banking and securities firms in India is estimated to touch USD 7.8 billion in 2017, an 8.6 per cent jump from 2016, technology research firm Gartner on Thursday said. “The banking and securities More...

By subhadip On Thursday, December 1st, 2016
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RBS’s past sins are still shaping the bank’s future

ight years after the banking crisis, Royal Bank of Scotland (RBS) has failedits annual health check. If this were a medical before getting life insurance, it would be like a doctor telling the patient to get fit; More...

By subhadip On Friday, November 11th, 2016
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Brexit leaves London-based banks facing ‘nightmarish’ choices

Global banking businesses will face nightmarish decisions if the UK loses its access to euro-clearing trading as part of the Brexit negotiations, the Japanese ambassador to the UK has warned. Koji Tsuruoaka said More...

By subhadip On Tuesday, October 25th, 2016
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PPI and Brexit to loom large when high street banks report results

Further charges for the payment protection insurance mis-selling scandal and details of the impact of Brexit will be in the sights of investors when the high street banks report their third-quarter results this More...

By subhadip On Sunday, October 2nd, 2016
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Deutsche Bank chief Cryan tries to reassure on bank’s strength

The chief executive of troubled Deutsche Bank has emailed the 100,000 staff to reassure them that the German giant’s finances are strong. John Cryan told them the bank had become the object of “hefty More...