Cyber-crime uncontrollable?
(15 August 2011 – Global) Two thirds of banks believe cyber-crime is uncontrollable and believe they will never be capable of eradicating the crime.In a poll of 100 […]
(15 August 2011 – Global) Two thirds of banks believe cyber-crime is uncontrollable and believe they will never be capable of eradicating the crime.In a poll of 100 […]
(4 April 2011 – Global) International Monetary Fund (IMF) chief Christine Lagarde applauded the United States agreement to raise its debt ceiling and cut its deficit.’We welcome the […]
(26 July 2011 – Global) Non-bank competition in the payments market will heat up soon, as Google launches its own credit card and PayPal moves offline.Google is preparing […]
(21 July 2011 – Global) Goldman Sachs reported it would be laying off 1000 staff after its quarterly profits fell short of expectations.The bank’s net income in the […]
(19 July 2011 – Global) Credit Suisse Group is being chased by United States prosecutors as part of an escalating tax-evasion probe.The move significantly raises the stakes for […]
(18 July 2011 – Global) Citigroup had a hard second-quarter, although profit jumped 24 percent, many of its businesses around the world struggled.The profit report is mainly due […]
(8 July 2011 – Global) The Banking Industry Architecture Network (BIAN) has recruited new members throughout the world, including Commonwealth Bank of Australia (CBA), Rabobank Group, Scotiabank and […]
(7 July 2011 – Global) The world’s biggest money transfer firm, Western Union has bought Travelex Global Business Payments from Travelex for £606 million (A$906 million).Western Union chief […]
(6 July 2011 – Global) Japanese bank Mitsubishi UFJ Financial Group has taken a 9.99 percent stake in rare earths developer Lynas Corp.Lynas plans to start shipping rare […]
(28 June 2011 – Global) The Bank for International Settlements (BIS) has cautioned that investors should prepare for smaller profit margins as banks stash away more capital to […]