HSBC Australia to lift standards
(2 August – Australia) HSBC Australia has vowed to lift standards in the country by introducing top global governance standards throughout its local arm.HSBC’s Australia boss, Paulo Maia, […]
(2 August – Australia) HSBC Australia has vowed to lift standards in the country by introducing top global governance standards throughout its local arm.HSBC’s Australia boss, Paulo Maia, […]
(2 August 2012 – South Korea) The combined net income of South Korea’s banking system plunged 59 percent during the second quarter.Analysts said the fall was caused by […]
(1 August 2012 – Global) Europe’s biggest bank, HSBC Holdings reported a first-half profit rise of 10 percent, lifted by gains on asset sales.Pre-tax profit rose to US$12.7 […]
(25 July 2012 – Singapore) Barclays has forecast a drop in Singapore banks’ profit by 18 percent for the second quarter of this year.In a report Barclays stated […]
(19 July 2012 – United States) Goldman Sachs investment bank reported that its net income fell 11 percent in the April to June period, after making fewer deals […]
(19 July 2012 – China) Despite a subdued economic outlook, China’s 181 foreign banks more than doubled their earnings to 16.7 billion yuan (A$2.5 billion) last year, up […]
(18 July 2012 – Global) Citigroup reported a US$2.9 billion (A$2.8 billion) profit in the April to June period, after lowering the amount it keeps aside for loan […]
(4 July 2012 – Australia) Westpac’s senior executives are warning that growth across the Australian financial services sector will remain modest over the medium term, as businesses and […]
(3 July 2012 – Global) Almost a third of global bank profit was accounted for by Chinese lenders, up from just 4 percent in 2007, as China’s banks […]
(22 June 2012 – Australia) Banks extracted A$300 million less from Australian households last financial year, still earning A$4 billion according to the Reserve Bank of Australia (RBA).The […]